By Jonathan Laws, ACA Ch.FCSI — Senior Independent Financial Adviser, Cameron James
If you have come across the Novia Global SIPP while researching pension options as a UK national living abroad or as an internationally mobile professional, this guide sets out what the Novia Global SIPP is, how it works in practice, and the key considerations before taking any action. The Novia Global SIPP is one of a small number of UK SIPP structures explicitly designed for non-UK residents, and it has become a frequently considered option for clients consolidating UK pension assets while living overseas.
This review covers what the Novia Global SIPP offers, who it may be suitable for, how the charges work, the retirement income options available through it, and the specific cross-border considerations that apply to US-connected clients. To learn more about how an International SIPP works in general, visit our dedicated International SIPP page.
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“Novia Global is one of the most established names in the International SIPP market. And with good reason. In a nutshell, they were the very first non-UK resident SIPP to enter the marketplace and do things 100% clean and transparently.
This is one of the key reasons we have been working with them for a decade here at Cameron James. Their transparency matches our outlook and how we like to work with our clients on an open basis.
When I say clean and transparent, I mean Novia Global do not permit IFAs or IFA Networks to be paid any hidden fees or back-end trail paying fund commissions. Only the advice fees that you transparently see and sign for on the Novia SIPP application pack are permitted.
Sounds like a fundamental client right, yes? Knowing your IFA will only be paid what you have agreed to, and receive no other source of income from the SIPP or portfolio they have recommended. Unfortunately, not in the expat and non-UK resident advice space. Choose your IFA firm and SIPP wisely.
A small example of transparency, Novia allows our clients to see exactly what their total costs have been since day 1. Most SIPP providers (even big UK household names) often bury this information deep in the transaction history, requiring either an elaborate spreadsheet or a well-prompted AI to calculate your total costs.
We value this level of transparency, as our clients know and see the high level of ongoing financial planning and cashflow modelling they receive from us. For IFA firms that perhaps talk more about sports, the weather and the latest market performance, the Novia Global SIPP can really unmask the low value their clients are getting each year.
A key difference that sets the Novia Global SIPP apart from other expat SIPP solutions is that IFA cannot ‘bolt in’ any underlying offshore bonds (IFGL, RL360, Utmost, Generali, Friends Provident, SEB, Hansard, etc.). The Novia Global SIPP only permits the transparent Novia GIA platform, which does not pay any advanced commissions to the financial adviser.
As CEO, my job is to always be fair and balanced. So, to clarify by definition, offshore bonds are not implicitly bad. They can be used to great effect. However, in my 10-years as CEO, 9 out of 10 times we receive an enquiry from a client who previously transferred their UK DC or DB to a pension with an underlying offshore bond with an expat IFA, it is not a happy story from them.
Poor performance, opaque charges and lack of transparency. All of which eventually prompts these clients to think something is wrong with their pension and to reach out. And in fairness to the offshore bond providers, the fault is not always theirs. It is the IFA giving the ‘financial advice’ and choosing the client’s commission schedule who is the one who has the power to potentially ruin that person’s retirement and collect an 8% initial commission for doing so, and lock the client into the bond for 8-10 years.
Back to Novia Global SIPP, after my little industry detour…
What consistently stands out is the straightforwardness of the Novia cost structure. The annual fixed SIPP fee and the tiered platform charge are transparent and easy for clients to understand, and for clients in the mid-range of pension values, the total cost picture for a transparent platform is very competitive.
The multi-currency functionality within the investment account is also excellent. Being able to hold and trade in GBP, USD, EUR, and a range of other currencies inside the SIPP wrapper gives advisers greater flexibility when constructing portfolios for internationally mobile clients, particularly those with retirement spending in multiple jurisdictions.
For the large majority of our clients, GBP is enough, even if they are no longer residing in the UK, as their Novia GBP SIPP acts as a nice natural currency hedge against their local pensions or property assets in USD, EUR, etc. And in addition, a future hedge against the NHS, grandchildren or the joys of Blighty becoming appealing to them again in later life.
For US-connected clients, though, the picture is more nuanced. Novia Global does accept US persons into the SIPP, but the GIA wrapper does not accept US residents, and that distinction matters in practice. It means the SIPP can be correctly used, but only within a clearly defined scope, and only when supported by an adviser who understands both the UK regulatory framework and the US tax and reporting obligations that apply.
For non-US international clients, Novia Global remains one of the strongest options in terms of value for money, investment breadth, and service quality. We continue to include it as one of our actively considered platforms for the right client profile.
If the Novia Global SIPP and our outlook sound like a possible match for you, use the link below to book your free pension review and learn more about how we work and how to receive your regulated advice report.“
— Dominic James Murray | CEO & Founder, Cameron James
What Is the Novia Global SIPP?
A Self-Invested Personal Pension (SIPP) is a UK-registered pension arrangement that provides greater control and flexibility over how your retirement savings are invested compared to a traditional personal pension scheme. The Novia Global SIPP is a UK-registered SIPP designed specifically for non-UK residents and internationally mobile professionals who retain UK pension assets.
The Novia Global SIPP was launched in June 2020 and is administered by Novia Global Limited, which is authorised and regulated by the Financial Conduct Authority (FCA registration number 653661). It is only accessible through a regulated financial adviser. The adviser-led structure is not a restriction, it is a deliberate feature of how the Novia Global SIPP operates. For internationally mobile clients, cross-border planning complexity means that proper advice is not optional. It is central to using the structure correctly.
How the Novia Global SIPP Works in Practice
The Novia Global investment platform provides the pension administration and investment infrastructure. The platform holds pension assets, processes contributions and withdrawals, and maintains the regulatory and reporting requirements associated with a UK SIPP. Novia Global does not provide personal financial advice. They are a platform and SIPP administrator, not an advisory firm. This matters for two reasons.
- Suitability of the structure for your circumstances must be assessed independently by a regulated financial adviser, such as those at Cameron James.
- How the SIPP is set up, invested, and managed will depend entirely on the adviser you work with, not on Novia Global directly.
For clients living abroad or with cross-border financial planning needs, this structure works well because the adviser retains meaningful control over investment strategy and planning decisions, while Novia Global handles the operational and administrative functions in the background.
“When we discuss Novia Global in a Cameron James context, it is important to frame it as an International SIPP discussion, not a standard UK-only platform review. The platform is built for internationally mobile clients, and that shapes everything from how we approach investment construction to how we think about withdrawal currency and tax treaty interaction. The multi-currency investment capability inside the SIPP is genuinely useful, it gives us more options when building portfolios for clients whose retirement spending is not going to be in sterling.”
— Jonathan Laws | Senior IFA, Cameron James
Who the Novia Global SIPP May Be Suitable For
The Novia Global SIPP is not a universal solution, and it is important to be clear about that. Suitability depends on individual factors, including residency, tax position, investment objectives, currency needs, and retirement income planning requirements. That said, the Novia Global SIPP may be worth considering in the following situations.
Internationally Mobile Clients and Non-UK Residents
The Novia Global SIPP is explicitly designed with internationally mobile clients in mind and may be relevant where an individual has accumulated UK pension benefits and now lives abroad. It can in some cases be appropriate to consolidate existing UK pensions into the Novia Global SIPP, or to retain and actively manage the SIPP while residing outside the UK, subject to jurisdiction-specific rules and servicing eligibility.
Non-UK resident use is always case-by-case. Tax treatment, reporting obligations, and whether the structure is permissible at all will depend heavily on the client's country of residence and wider financial profile. This is precisely why tailored advice matters before any transfer, consolidation, or drawdown decision is made.
A Note for UK Residents
This guide focuses on the Novia Global SIPP for non-UK residents and internationally mobile clients. If you are a UK resident simply looking for a SIPP solution within the UK, that is typically a separate discussion and will usually involve UK domestic platform arrangements rather than the internationally focused version of the Novia Global product described here.
What Happens to Your Novia Global SIPP on Death as a Non-UK Resident
On the topic of International SIPPs, having your estate and SIPP correctly set up, with your actual residential address and tax residency transparently on file with the trustee, is a fundamental cornerstone of intergenerational wealth planning.
It still confounds us when we see non-UK resident clients choosing to hide, or not disclose, their real residential address and tax residency to a trustee, all to try and retain a provider arrangement that was not designed to service non-UK residents long-term.
Being with a SIPP provider that accepts and services non-UK residents properly can provide huge peace of mind for beneficiaries and for intergenerational planning, while helping to ensure the arrangement remains compliant and less exposed to abrupt disruptions such as those seen with Interactive Investor in 2025. If something happens, the aim is that the pension can pass smoothly to beneficiaries in line with nominations and scheme rules, giving them options and reducing unnecessary friction at a difficult time.
Planning Risk: Dying as a Non-UK Resident with the Wrong SIPP Provider
This is a significant risk for those who pass away as a non-UK resident holding UK pension assets with a SIPP provider that never accepted, or no longer accepts, non-UK residents. It can create a tax problem for beneficiaries, as many schemes will not provide survivor pensions for non-UK resident beneficiaries, and some enforce a fully cash withdrawal that, in most countries, will be subject to local income tax. There is also a substantial burden this can place on beneficiaries who suddenly need to navigate cross-border tax and SIPP rules at the time of a loved one's passing.
Retirement Options Available Through the Novia Global SIPP
Benefits can be taken from age 55 (rising to 57 from 2028 under current legislation) and must be taken in one of the following forms, subject to the agreement of the SIPP trustee.
Flexi-Access Drawdown (FAD)
Flexi-Access Drawdown is the most commonly used route for clients in retirement. Under FAD, you can draw any amount at any frequency, with no upper or lower limit. Up to 25% of the crystallised fund can be taken as a Pension Commencement Lump Sum (PCLS), with the remainder taxable as pension income under PAYE. Triggering FAD activates the Money Purchase Annual Allowance (MPAA), which reduces future pension contribution capacity to GBP 10,000 per year. The tax treatment of the 25% element in your country of residence is subject to local tax rules and relevant double taxation agreements, and independent third-party tax advice should be sought.
Novia Global now supports automated regular drawdown, allowing clients to receive income monthly, quarterly, biannually, or on an ad-hoc basis. This is a meaningful operational improvement for non-UK resident clients who need reliable and predictable pension income.
Uncrystallised Funds Pension Lump Sum (UFPLS)
A UFPLS is a single or series of lump-sum withdrawals taken directly from uncrystallised pension funds. Each payment is 25% gross and 75% UK-taxable at the member's marginal income tax rate. Like FAD, a UFPLS triggers the MPAA. There is no upper limit on the payment amount, subject to available fund value.
Annuity Purchase
There is no compulsory requirement to purchase an annuity at any time. However, you may use some or all of the SIPP to purchase a third-party annuity from age 55 onwards. You and your adviser are responsible for sourcing and comparing annuity providers on the open market. This route is generally very difficult to implement for non-UK residents, particularly those living in the US.
On Death
For deaths before age 75, the fund can generally be paid as a lump sum or into a beneficiary drawdown free of UK income tax, though local tax laws will apply and double taxation agreements will dictate the ultimate tax position. For deaths after age 75, benefits are subject to UK income tax at the beneficiary's marginal rate, but again, local tax rules and any applicable double taxation agreements are the decisive factors. Death benefits are paid at the discretion of the trustee, guided by the member's nominated beneficiaries.
Novia Global SIPP: Practical Adviser View
Having worked with the Novia Global SIPP across a range of client situations, our view is that it is one of the more practical and cost-effective options available for adviser-led clients with international planning needs.
What Works Well
The platform's multi-currency investment capability is one of its genuine strengths for internationally mobile clients. Being able to hold and trade assets in GBP, USD, EUR, AUD, CHF, HKD and other major currencies inside the SIPP wrapper gives advisers real flexibility when building portfolios for clients whose retirement spending will not be primarily in sterling. This is a meaningful differentiator compared to platforms that operate on a purely GBP-denominated basis.
Investment breadth is another area where Novia Global performs well. The platform provides access to a wide range of mutual funds, ETFs, bonds, equities, and structured products. For adviser-managed propositions, the breadth of available funds, including a large number of non-UK and multi-currency options, supports a properly diversified international portfolio.
From an administrative perspective, the platform has an established track record with UK pension transfers, which reduces friction in the transfer process. The digital application process, fully supported via electronic signatures, makes the setup workable for internationally dispersed clients who cannot attend in-person meetings.
The cost structure is also genuinely competitive compared to many International SIPP alternatives. The fixed quarterly SIPP fee means costs are predictable, and the tiered platform charge compares favourably, particularly at mid-range pension values.
The GBP Withdrawal Limitation and Currency Planning
One feature of the Novia Global SIPP that non-UK resident clients need to understand is that SIPP withdrawals must be processed in GBP. Investments within the SIPP can be held and traded in multiple currencies, but when benefits are crystallised and income is drawn, those withdrawals are in sterling.
For clients living outside the UK and spending in euros, US dollars, Australian dollars, or another currency, this means that pension income will need to be converted from GBP into local currency. This creates foreign exchange exposure that forms a real part of the retirement income planning picture, particularly for clients drawing regular monthly or quarterly income.
It is not a reason to rule out the structure. For many clients it is entirely manageable, and the multi-currency investment capability within the wrapper does at least allow for GBP exposure to be managed at the portfolio level. But it should be built into the planning from the outset, and we factor it into our drawdown strategy conversations with all affected clients. Withdrawals from the Novia Global SIPP in a currency other than GBP are technically possible but will incur two foreign exchange transaction costs. In practice, the most straightforward approach for most clients is to draw in GBP and convert at the point of receipt, with the associated FX costs and timing factored into the income plan.
Key Practical Points
- The Novia Global SIPP is built for adviser-led propositions, not a self-directed DIY investing experience.
- The fixed-fee SIPP cost structure is transparent and predictable.
- Multi-currency investment capability inside the SIPP wrapper is a genuine planning tool for internationally mobile clients.
- For non-UK resident clients drawing income, the GBP withdrawal requirement introduces FX considerations that need to be planned for.
- Digital application processes, including electronic signatures, make onboarding workable for clients based anywhere in the world.
Cross-Border Planning: Non-UK and US-Connected Clients
For clients who have moved abroad or who have links to more than one tax jurisdiction, the Novia Global SIPP may feature as part of a broader cross-border planning discussion. In practice, the decision is rarely just about the pension wrapper itself. It involves tax treatment, local reporting obligations, platform access rules, adviser permissions, and how income will actually be taken in retirement.
Non-UK Resident Clients
The Novia Global SIPP is explicitly designed for non-UK resident clients and is one of the few UK SIPP structures built with this profile in mind from the outset. The product documentation confirms eligibility for non-UK residents, provided the client has received regulated financial advice in their jurisdiction of residence.
That said, eligibility in principle is not the same as suitability or accessibility in practice. Clients and advisers still need to confirm that the structure can be used under the regulations in force in the client's country of residence, as not every jurisdiction permits UK SIPP membership or ongoing servicing on the same terms.
The practical takeaway is straightforward: the Novia Global SIPP may be available to a non-UK resident, but the real planning question is how it will be taxed, reported, and drawn in the country where the client actually lives. That is where the quality of your adviser matters most.
US-Connected Clients: A More Specific Planning Context
US-connected clients, those who are US citizens, green card holders, or otherwise subject to US tax and reporting obligations, face a more specialised level of planning complexity when considering any UK pension structure. The Novia Global SIPP can accept US persons into the SIPP wrapper. However, the Global Investment Account (GIA) product is not available to US persons. This distinction matters in practice and means the scope of what can be offered to US-connected clients through the Novia Global platform is more limited than for other international clients.
US-connected SIPP holders also face additional planning considerations that go beyond the platform itself, including:
- UK / US tax treaty interpretation, specifically Article 17 of the US-UK Double Taxation Agreement, which governs how UK pension income is treated for US tax purposes.
- FBAR and Form 8938 reporting obligations for UK pension assets held abroad.
- Local tax treatment of pension lump sums and ongoing income in the US.
- Investment selection within the SIPP, specifically the importance of avoiding non-US domiciled funds that could create PFIC exposure outside the pension wrapper.
PFIC Clarification
PFIC rules do not apply to investments held within a UK SIPP for US persons. Under the US-UK Double Taxation Agreement and applicable IRS guidance, SIPP holdings are not subject to PFIC reporting during accumulation. PFIC rules are relevant for investments held outside the pension wrapper, for example in a GIA or ISA. This is a common source of confusion and one we address directly with all US-connected clients.
At Cameron James, adviser-level SEC authorisation is central to how we work with US-connected clients. Many UK-based advisers do not hold the necessary permissions to advise US taxpayers on investment matters. Our advisers operate within the regulatory frameworks required to support US-connected clients in this capacity. That does not mean the Novia Global SIPP is automatically suitable or unsuitable for every US-connected client. It means the right answer lies in the cross-border planning, not just the platform name. We recommend speaking with a Cameron James adviser with direct experience in UK / US pension planning before proceeding.
Novia Global SIPP Charges, Risks, and Limitations
A summary of headline charges is shown below. Detail follows.
| Charge | Amount |
|---|---|
| SIPP service charge | GBP 240 per annum |
| Establishment fee | None |
| Platform fee | 0.30%, tiering down by account size |
| Custody fee | 0.04% |
| Drawdown charge | GBP 62.50 + VAT per year (where drawdown is active) |
SIPP Service Charge
The Novia Global SIPP charges a fixed quarterly service fee. Based on currently published product information, this is GBP 60 per quarter (inclusive of VAT where applicable), amounting to GBP 240 per year in total SIPP administration costs. There is no establishment fee and no exit charge.
Platform Custody and Administration Charge
In addition to the fixed SIPP service charge, a custody and administration fee is charged by the platform, tiered based on account size. Based on the most recently available information, the standard platform charge is approximately 0.30% per annum on balances up to GBP 1 million, with a separate custodian element of around 0.04% per annum. The total platform-level charge for a standard account is therefore in the region of 0.34% per annum at lower account sizes, reducing as the account value increases. This makes the Novia Global SIPP one of the more competitively priced International SIPP structures currently available.
Important: Charge schedules are subject to change. Always refer to the current Novia Global Charges Schedule and Key Features Document for the most up-to-date figures. Cameron James will provide a full cost breakdown, including adviser and DFM charges, before any arrangement is put in place.
Additional Charges
Investment-level charges (fund OCFs and DFM fees where applicable) are in addition to the above and depend on the specific investment strategy agreed with your adviser. Adviser charges are agreed separately and are documented in full before any advice is implemented.
FSCS and Client Asset Protections
Novia Global Limited is authorised and regulated by the FCA and is a participant in the Financial Services Compensation Scheme (FSCS). Eligible clients may be entitled to FSCS protection up to GBP 85,000 in the event of firm failure, subject to the nature of the claim and eligibility criteria. Client assets are held in trust and are legally separated from Novia Global's own assets in line with FCA client asset rules.
What the Novia Global SIPP Means for Non-UK Residents
If you are a non-UK resident with UK pension assets, the structure you hold those assets in is one of the most important decisions in your retirement plan. The Novia Global SIPP can be a strong option for internationally mobile clients who need a UK-registered pension with a transparent cost model, genuine multi-currency investment capability, and explicit support for non-UK residents. It is not available to the general public; access is exclusively through a regulated financial adviser.
Before proceeding, the right questions to ask are these. Is a UK SIPP the most appropriate structure for your situation, or would an alternative such as a QROPS, QNUPS, or offshore bond better serve your cross-border planning needs? Have you considered the currency implications of holding and drawing income from a UK pension if you plan to retire outside the UK? If you are a US-connected individual, have you received advice that specifically addresses IRS reporting obligations alongside UK pension planning? Are you aware of the tax treatment of UK pension income in your country of residence, and has this been modelled as part of your overall retirement plan?
These are the conversations Cameron James advisers have with clients before recommending any platform or product. The Novia Global SIPP may well be the right structure, but that determination should come at the end of a thorough planning process, not the beginning.
How to Compare International SIPPs Properly
For internationally mobile clients researching their options, the market for International SIPPs can appear confusing. Multiple providers offer similar-sounding products, and comparison articles often focus on headline charges rather than the factors that actually affect suitability. At Cameron James, we approach platform comparison from the following perspective.
1. Understand the Total Cost, Not Just the Platform Charge
The platform charge is the most visible number, but the total cost of ownership includes DFM charges, underlying fund OCFs, trading costs, and adviser fees. A platform with a competitive headline rate may have materially different total costs depending on the investment approach used. We model total costs for each client scenario.
2. Match the Investment Range to Your Actual Needs
The Novia Global platform supports a wide range of funds, ETFs, equities, and bonds across multiple currencies. However, it is an adviser-led platform rather than a self-directed investing environment. If a client's needs extend to direct alternative assets or non-standard holdings, a different platform may be more appropriate.
3. Examine Crystallisation and Currency Terms Carefully
This is often overlooked in standard comparison articles. For clients who do not plan to retire in the UK, how and in what currency benefits are drawn can matter significantly to long-term income planning.
4. Assess Platform Stability and Support Capability
Provider stability is not guaranteed. Novia Global has been operating since 2020 and is part of the broader Novia Financial group with a well-established institutional background. FCA authorisation and FSCS coverage provide important safeguards. For internationally dispersed clients, the quality of remote service and digital capability also matters.
5. Confirm Adviser Compatibility
Not all advisers are authorised to use all platforms, and the Novia Global SIPP requires a formal adviser relationship and specific onboarding. Cameron James advisers are set up on the platform and have direct day-to-day experience of its administration.
Frequently Asked Questions
What is the Novia Global SIPP?
The Novia Global SIPP is a UK-registered Self-Invested Personal Pension administered by Novia Global Limited, which is authorised and regulated by the Financial Conduct Authority (FCA registration number 653661). It is accessed exclusively through the Novia Global investment platform and is specifically designed for non-UK residents and internationally mobile clients. Unlike many standard UK SIPPs, it is explicitly open to non-UK residents, making it one of the few UK pension structures built with this client profile in mind.
Can non-UK residents open a Novia Global SIPP?
Yes, but with conditions. The product is open to non-UK residents, provided they have received regulated financial advice in their country of residence. Eligibility in principle, however, is not the same as suitability in practice. Not every jurisdiction permits UK SIPP membership or ongoing servicing on the same terms, and local regulations may affect whether you can hold or continue contributing to this type of arrangement. Individual assessment by a regulated cross-border adviser is essential before proceeding.
Does Novia Global provide financial advice?
No. Novia Global Limited is a platform provider and SIPP administrator, not a financial advice firm. It holds your assets, processes contributions and withdrawals, and manages the regulatory and reporting obligations of the SIPP wrapper. All investment decisions and suitability assessments must come from your appointed financial adviser. This adviser-led structure is a deliberate feature of how the Novia Global SIPP works.
What retirement income options are available through the Novia Global SIPP?
There are three main routes for taking benefits, all available from age 55 (rising to 57 from 2028). Flexi-Access Drawdown (FAD) allows income to be taken in any amount and at any frequency, with up to 25% available as a Pension Commencement Lump Sum. Novia Global now supports automated regular drawdown including monthly payments. An Uncrystallised Funds Pension Lump Sum (UFPLS) lets you take lump sums where 25% is paid gross and 75% is UK-taxable at your marginal rate. Annuity purchase is available on the open market but is generally very difficult for non-UK residents to implement. Both FAD and UFPLS trigger the Money Purchase Annual Allowance, reducing future pension contribution capacity to GBP 10,000 per year.
Can I transfer an existing UK pension into the Novia Global SIPP?
In most cases, yes. For defined contribution pensions and existing SIPPs, the transfer process is generally straightforward, and Novia Global has an established track record with UK ceding scheme transfers. For defined benefit or final salary schemes, specific regulated advice from your financial adviser is a formal requirement before any transfer will be considered. For internationally mobile clients, additional complexity may arise around overseas transfer rules and local reporting obligations. A Cameron James adviser can assess the full picture before any transfer is initiated.
Is the Novia Global SIPP suitable for US-connected clients?
It can be, but the position for US-connected clients is more nuanced. The Novia Global SIPP can accept US persons, but the Global Investment Account (GIA) product is not available to US persons. Additionally, US-connected SIPP holders need to ensure the investments held within the SIPP are appropriate from a US tax perspective, including avoiding non-US domiciled fund structures that could create PFIC complications outside the wrapper. PFIC rules do not apply to investments held within the UK SIPP itself, but the investment selection matters. Cameron James advisers hold individual SEC authorisation and have direct experience in UK / US cross-border pension planning.
What currency are Novia Global SIPP benefits paid in?
Investments within the Novia Global SIPP can be held and traded in multiple currencies, including GBP, USD, EUR, AUD, CHF, HKD and others. However, SIPP withdrawals are processed in GBP as the primary currency. A non-GBP withdrawal is possible but will incur two foreign exchange transaction costs. For clients living outside the UK and spending in another currency, this creates foreign exchange exposure that needs to be actively managed as part of retirement income planning. It is not a reason to rule out the structure, but it is a practical consideration that should be built into your planning from the outset.
What are the Novia Global SIPP charges?
Costs fall into two layers. The SIPP service charge is a fixed quarterly fee currently published at GBP 60 per quarter (inclusive of VAT where applicable), totalling approximately GBP 240 per year, with no establishment fee and no exit charge. A drawdown charge applies where drawdown is active. The platform custody and administration fee is tiered based on account size and is approximately 0.30% per annum on standard account values up to GBP 1 million, with a separate custodian element. The total platform-level charge for most accounts is in the region of 0.34% per annum at smaller values. Underlying investment charges and adviser or DFM fees are in addition to these.
How does the Novia Global SIPP compare to other International SIPPs?
Novia Global is generally regarded as one of the more competitive International SIPP structures in terms of cost, particularly for mid-range pension values. Its multi-currency investment capability, wide fund range, and established transfer infrastructure are genuine strengths. Against that, some providers offer dedicated US taxpayer service tiers or more specialist cross-border reporting infrastructure. The right comparison is always client-specific, based on pension value, residency, investment strategy, and the specific reporting requirements that apply. Cameron James can model the total cost picture across multiple provider options for any individual client scenario.
Speak to a Cameron James Adviser About Novia Global SIPP Suitability
If you are considering consolidating existing UK pensions, approaching retirement abroad, or simply want an independent view on whether your current arrangements remain appropriate, a Cameron James adviser can model the right structure for your personal and financial circumstances. There is no obligation, and no product-based commission, only transparent, fixed-fee regulated advice.
Book a call with a Cameron James adviser today: cjfinance.co.uk/contact-us
DISCLAIMER
This article is for informational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified and regulated financial adviser before making any decisions about your pension or financial planning arrangements. Tax laws are complex and vary by individual circumstance. Cameron James does not offer tax advice.
Novia Global product information referenced in this article is drawn from publicly available Novia Global product documentation and Key Features Documents current at the time of writing. Charge schedules, product features, and eligibility criteria are subject to change. Always refer to the most recent Novia Global Charges Schedule and Key Features Document before acting. Novia Global Limited is authorised and regulated by the Financial Conduct Authority (FCA registration number 653661).