
New information section launched to encourage women to look after their financial health, be confident and more investment savvy. SCM Direct is an investment company that understands how important your money is to the security and happiness of you and your family.
Alan and Gina Miller have a long term approach, market understanding and the ability to stand up to the people in the City that were against what they are trying to do, i.e. promote transparency.In terms of best practice, in all my dealings with SCM I have only ever come across best practice. I have been investing for four years and my portfolio has performed well and the gains have not been eaten away by hidden fees.
Alan and Gina Miller have a long term approach, market understanding and the ability to stand up to the people in the City that were against what they are trying to do, i.e. promote transparency.In terms of best practice, in all my dealings with SCM I have only ever come across best practice. I have been investing for four years and my portfolio has performed well and the gains have not been eaten away by hidden fees.
Services
About
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SCM Direct was born out of the 2008 financial crisis and the Founders' desire to improve investor outcomes, challenge complacent investment thinking and respect clients through ethical, transparent behaviour. We offer investors low cost access to high end wealth management without layers of inefficiencies, intermediaries and hidden fees.
Accounts
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The first step on your investment journey is to decide how you want to invest. SCM Direct portfolios can be held directly in a General Investment Account (GIA) or via a tax efficient wrapper such as an ISA, JISA or SIPP. Scroll down to learn more and find the one that best fits you. A Self-invested Personal Pension (SIPP) is a type of pension for those who want more control over how it is managed.
GIA / Direct
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Investors can transfer an existing GIA from another provider easily. Simply enter in the details of your current investment, fund or wealth manager and we will do the rest. All SCM Direct Portfolios are available through a GIA and they can be found through the 'View portfolios' tab to the right of this text.
Sipp
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A Self-invested Personal Pension (SIPP) is a type of pension introduced in 1989 and was designed for people who wanted an alternative to company pensions. They offer tax-benefits with the UK Government giving a 20% basic tax relief. Ordinarily, the amount you can personally contribute into your SIPP each tax year is 40,000; but your employer can also contribute into your SIPP.
Isa
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An Individual Savings Account (ISA) is a tax wrapper that allows you to save, either in cash or stocks and shares, without paying any tax on the money in the wrapper. This includes any returns/growth is tax-free. There are two types of ISA: cash ISAs, and stocks and shares ISAs. SCM Direct does NOT offer cash ISAs.
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