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Novia Global Pensions - Independent Review

Best For: Low cost transfers - especially under £100,000

Products & Costs: UK SIPP - £0 set up and £220 per annum.
Service: 7.2/10 – A new player in the International SIPP space but so far, so good.
Overall: 7.9/10 – Very good pricing so a great solution for smaller transfer values, however, no choice of underlying platform as you have to use the Novia Global Platform which is fee only so may not suit everyone.

Main positives: Price, much cheaper than the rest of the market.

Main Negatives: Clients must use the Novia Global Platform to hold the assets incurring additional costs. Fee only approach mean likely deductions to transfer values on entry.

Company Overview:

Novia Global provides a wealth management service for Advisers, Private Banks, Trust Companies and their clients. It is completely independent with a focus on providing a sophisticated investment platform that delivers the opportunity for growth, control, and flexible asset selection. The SIPP allows easy access for pension money into the platform.

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