True Potential
True Potential is an investment company based in Newcastle. It is privately owned and was founded in 2007.
Investing and pensions
Ranked 22nd of 27 providers reviewed.
| Customer happiness score | 65.22% |
|---|---|
| Customer trust score | 59.42% |
| Complaints performance | 65% |
| Transparency rating | 51.5% |
| Fairer Finance score Reviewed Autumn 2023 |
60% |
Investing and pensions
Ready-made General Investment Accounts
| Cost (Year 1) i | £585.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £0.00 |
| Does the provider have a mobile app? | |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £15.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | |
| Charge for transferring cash to another platform i | £0.00 |
Ready-made Income Drawdown
True Potential
True Potential portfolio
| Annual cost of regular payments | £0.00 |
|---|---|
| Cost of setting up income drawdown | £0.00 |
| Charge for taking your tax free lump sum from your pension, or for making a one off or new regular payment after drawdown has started | £0.00 |
| Cost (Year 1) i | £1,755.00 |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Same day payment/payment by CHAPs | £15.00 |
| Account closure fee | £0.00 |
| Cost of receiving paper statements for a year | |
| Charge for transferring cash to another platform i | £0.00 |
| Charge for transferring investments to another platform i | £0.00 |
| Charge for withdrawing your whole pension (if it is small enough to meet government rules) | £0.00 |
| Cost of adding money into your pension once drawdown has started, or the cost of reviewing the amount you're drawing down | £0.00 |
| Charge for account closure within 12 months through drawdown | £0.00 |
| Cost of reviewing your income drawdown if it is a capped drawdown plan | £0.00 |
| Charge for purchasing an annuity |
Ready-made Personal Pensions
True Potential
True Potential portfolio
| Cost (Year 1) i | £1,170.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £0.00 |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £15.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | |
| Charge for transferring cash to another platform i | £0.00 |
| Does the provider have a mobile app? |
Ready-made Stocks and Shares ISAs
True Potential
True Potential portfolio
| Cost (Year 1) i | £585.00 |
|---|---|
| Account closure fee | £0.00 |
| Charge for transferring investments to another platform i | £0.00 |
| Charge for selling holdings if not enough money in account for charges | |
| Completing paper applications | |
| Cash withdrawal by BACs | £0.00 |
| Same day payment/payment by CHAPs | £15.00 |
| Early account closure fee | £0.00 |
| Cost of receiving paper statements for a year | |
| Charge for transferring cash to another platform i | £0.00 |
| Is there a mobile app? |