We have been featured in FT Adviser today for our new priced SIPP offering!

Platform Hubwise has halved the cost of its pension administration service.

A £200,000 portfolio, for example, would mean a 23 basis points fee and at £600,000, this would fall further to 9 basis points; with the maximum fee for platform and Sipp never exceeding £540 a year.

Angus Macdonald, chief executive of Hubwise, said the Sipp market is still charging using an unfair model, which saw clients with small pension pots paying a far greater percentage than those with larger holdings.

To read the full article on FT Adviser, please click here.