Download MW Acorn SIPP Application pack



We have included the documents needed to set up an MW ACORN SIPP using the download facility.

These include:
  • Application Pack
  • Fact Sheets
  • Terms and Conditions ( a copy should be retained for future reference . These can be amended from time to time)
  • Transfer Application
  • Standing Order Mandate
  • SIPPS Explained leaflet

It is advisable to discuss the ancillary documents with your client before completing the Application form.

To download the documents, please click on the appropriate links below:-

Application Pack

Fact sheets

Key Facts

Terms and Conditions

Transfer Application Form

Standing Order Mandate

SIPPS Explained

MW Acorn SIPP FEES

Introducers Agreement

PLEASE POST COMPLETED APPLICATION PACK AND ANY TRANSFER DOCUMENTS TO:-

MW PENSIONS LTD
OAKLANDS PARK
HOOTON ROAD
WIRRAL
CHESHIRE CH66 7NZ



   ACORN WEBSITE ENTRY



Welcome to the MW ACORN SIPP

MW ACORN SIPP is a starter SIPP. It aims to help smaller funds grow into larger funds over time, enjoying all the tax advantages of the SIPP structure, whilst allowing the member total freedom of investment without being “tied“ to the products of a particular provider. It also offers a high level of service that can be missing from some of the call centre approaches offered by some SIPP providers. The fee structure is wholly transparent and affordable for many people with smaller funds. In some instances some slightly larger funds could also benefit

The features of the MW ACORN SIPP are:

  • competitive simple fee structure

  • No set up fee (which would otherwise erode the fund value from day one)

  • No transaction charges

  • No fee for transfers received

  • No small print

  • No restrictions on the number or type of mainstream investments

  • Simple online registration by the IFA

  • Automatic transition to “full” SIPP

  • A choice of competitive high interest banking for cash deposits
    NB. Because of the nature of these funds, Drawdown is not a feature of MW ACORN SIPP.

Who would benefit from the MW ACORN SIPP?

  • Anybody who wants to start to build up a pension fund from a low base without it being eroded by excessive or hidden charges

  • Anybody who has a small fund languishing unloved in an insurance company scheme

  • Anybody who wants to start contributing into a pension, either personally, through his company, or through a third party

  • Anybody who wants to contribute either a lump sum, or on a regular basis

  • Anybody who wants exposure to a wider range of investments and not be tied to an insured scheme

  • Anybody who wants to set up a pension fund for a third party eg. children or grandchildren. This is known as the Family SIPP.

  • Anybody who wants to take control of their own destiny, or is looking to build a fund for a specific purpose eg. investing in property

  • Anybody who is or has been deterred by the plethora of small print, hidden commissions and low interest banking in the pensions industry


What investments are allowed in the MW ACORN SIPP?

  • Cash

  • Quoted Stocks and Shares

  • Insurance pension policies

  • Unit or Investment Trusts

  • Property Funds

  • REITS

  • OEICs

  • Trustee Investment Plans or Bonds
A wide range of investments is allowed, tax free. This is controlled by HMRC and could change from time to time.

There is no restriction in the number of tax free investments that can be made in the MW ACORN SIPP ie you are not restricted to one investment, or cash only. If you use a platform it is possible to invest in a number of funds, as you think is right for your client.

What does it cost?

The Acorn SIPP is a starter SIPP. It is intended for smaller funds which will typically be between £20.000 and £59.999, although some smaller funds may also find it cost-effective. Funds larger than this will go in to our larger SIPP option, MW SIPP2 (details are available on this website). Funds that grow within Acorn over time to £60.000 or above will automatically go into the full SIPP, where options such as property investment will be open to them.


The fee structure could hardly be simpler:
  • No set up fee
  • No transaction charges for transfers or contributions(IFA provides discharge papers)
  • No transaction charges for investments, signing cheques etc
  • 1% annual management charge (AMC)
  • (minimum AMC of £250, funds over £60.000 may like to consider the full SIPP option)
This means that funds below £25,000 will be charged £250 pa - until the fund grows within Acorn to £60.000 or more, when a fixed fee will apply, regardless of fund size. Anything above £25,000 will be 1%. Fees are subject to VAT and payable in advance.

High interest Banking

We can provide a choice of high interest banking options from;-

  • Cater Allen
  • NatWest
  • Yorkshire Bank
  • Close Bros Bank
  • Handelsbanken
  • Alliance and Leicester International
Why the MW ACORN SIPP?

 If you would like to know more about MW ACORN SIPP, including high interest banking, please click here

SETTING UP MW ACORN SIPP

The process for setting up an MW ACORN SIPP is as follows:
  • The adviser registers with MW Pensions Ltd
  • A password is issued
  • Access to the Application System is gained by entering the password


If you wish to register for the MW ACORN SIPP, please phone us on 0151 328 1777.