Below average charges

Competitive charges

Our approach to charges is simple and transparent. Our charges are among the lowest in the market, which means your money goes further.

No initial charge

The STOCKPLAN: A Flying Start scheme has no initial plan charge.

As with all stocks and shares, there is compulsory government stamp duty of 0.5% on purchases and a different buying and selling price applies (average spread 0.5%). There is also a PTM (Panel on Takeovers and Mergers) levy of £1.00 for any purchase or sale of shares over £10,000.

No annual charge

No annual management fees are paid when you invest through STOCKPLAN: A Flying Start.

As in any public limited company (PLC), the overheads of running the trust are clearly identified as expenses in SIT's annual report. These expenses are not levied directly on the investor, they are paid out of the income of the trust. SIT dividends are paid to shareholders after these costs have been met. Please refer to our Key Features documents for details of current expenses and their effect on an investment.

Penalty-free closure

Unlike many schemes there are no fixed investment periods or prohibitive closure penalties with STOCKPLAN: A Flying Start. It costs just £11.95 to withdraw some or all of your holding.

Questions and answers