f o r t i s

Self‑Invested Personal Pension

Gain full control of your retirement pot and tap into global markets—without breaching HMRC or FCA rules.

Benefit	What it Means for You
Investment freedom	Choose UK equities, global ETFs, commercial property, precious metals, and regulated crypto‑linked products from one wrapper.
Transparent costs	Flat custodian + platform fees often undercut %-of-assets charges on large workplace schemes.
Tax‑planning flexibility	Time crystallisation events to maximise the 25% pension‑commencement lump sum (PCLS) and manage income‑tax bands once you draw benefits.
Family wealth hub	Pass assets to beneficiaries outside your estate; with the Lifetime Allowance abolished (6 Apr 2024) lump‑sum limits now apply instead.
Digital‑asset access	Specialist SIPP operators permit crypto exposure through FCA‑listed exchange‑traded notes (cETNs); a retail ban on direct ETNs is set to be lifted.

Step	What Happens	Compliance Notes
1 – Select a SIPP operator	Choose between platform SIPP (low‑cost) or full SIPP (wider assets incl. property, cETNs).	Operator must be FCA‑authorised and on FS Register.
2 – Open trustee bank account	Cash contributions and rollovers are routed here.	Segregates pension assets; FSCS eligible.
3 – Draft investment strategy	State target asset mix, liquidity and risk tolerance.	HMRC requires strategy be “wholly and exclusively” for retirement.
4 – Transfer existing schemes	Submit Application to Transfer and ID; ceding provider has 10 working days to respond.	Cash or in‑specie (re‑registration) transfers allowed.
5 – Fund your account	Personal contributions attract 20% tax relief; higher-rate via self-assessment.	Mind £60,000 annual allowance (or £10k MPAA if flexed).
6 – Appoint Fortis	Sign discretionary mandate ≥ USD 25,000 (≈ £19,500).	Fortis gets API trading rights—no withdrawals.

Action	Fortis Role	Trustee Control
Account onboarding	Assist with due diligence & bank set-up	SIPP remains in your name
Funding & transfers	Track Origo transfer progress	You sign all release forms
Trading execution	Run multi-asset strategies incl. CFDs¹, cETNs	Fortis has trade-only API
Reporting	Daily blotters, monthly P&L	HMRC/auditor-ready
Benefit crystallisation	Provide valuations and breakdown	You instruct lump-sum/drawdown

¹ CFDs are complex instruments; retail use permitted after appropriateness test (COBS 10A).

⦿ Operator segregation – Assets held by SIPP trustee, not Fortis; FSCS up to £85,000.
⦿ No “taxable property” – No residential or personal-use assets.
⦿ Annual audit – Fortis supplies year-end reports for your SIPP accountant.
⦿ Regulation watch – Fortis flags FCA/HMRC changes (e.g. ETN rules).
⦿ Cyber‑security – Crypto in cold storage; trades in SOC 2-compliant data centres.

Tier	Min. Balance	Portion Traded	Key Perks
Silver	USD 10,000	0%	Basic reporting
Gold	USD 25,000	50%	Dedicated account rep
Platinum	USD 100,000	75%	Strategy webinars, priority execution
Diamond	USD 250,000+	100%	Bespoke strategies, VIP events

Reserve Alpha 100 Savings:Earn up to 14.5% p.a. on unallocated cash (30‑day notice).

Monthly Cashback:Spread & commission rebates—credited gross of interest.

Cost Item	Amount	Notes
SIPP establishment	£0	Fortis pays setup; extra for deeds/property
Fortis management fee	1.5% p.a.	On managed assets; daily accrual
Performance fee	15% of net gains	High-water mark aligned
Trading costs	Institutional spreads	No markup; itemised
Exit / transfer out	£0	Operator may charge in‑specie fee

Seek FCA‑authorised advice if unsure. Fortis provides general information only.

1. Download our SIPP due‑diligence checklist (crypto‑permitted operators listed).
2. Book a 15‑minute strategy call to map your transfer timetable.
3. Fund your SIPP and activate your Fortis tier—all while keeping trustee control.

Questions? Email or call 020 3808 FORTIS (Mon–Fri 9 am–6 pm BST).

Fortis bridging UK pensions with tomorrow’s asset classes under your supervision.