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
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.
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.
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.
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.
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.
Reviews (10)
Philip Percival
Jan 07, 2021
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In current markets, where financial returns will be lower than in the past, it is crucial to find wealth managers who have a clear strategy, provide good risk diversification and keep costs as low as possible. We have been using SCM for 10 years and remain impressed by their good returns, clear and detailed reporting and high ethical standards.
Jim Edgar
Jan 02, 2021
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Tim Carlton
Dec 04, 2020
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I have been a client for two years having consolidated several pensions into SCM Direct and am very satisfied with them. I chose SCM Direct because of their ethos around fee transparency. The simplified profile investing was a bonus for someone who doesn't have much time on their hands. In comparison to my company pension schemes (run by well known pension providers), I can easily track my pension performance and can visible see the difference in return without the hidden fees of those high street funds. SCM Direct have also admirable navigated the Covid19 pandemic (for my fund choices that is
Bryn Kinsey
Oct 30, 2020
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SCM: Great service from Massimo and Barnaby with a sufficiently wide range of discretionary portfolios. You can trust Alan Miller the Chief Investment Officer and the team's intellect to manage the funds and my life savings in a cost effective manner, good performance achieved with an eye on the longer term. My retirement depends on them, no pressure then boys!
Richard Cotton
Oct 26, 2020
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I feel confident SCM is managing my portfolio competently and producing satisfactory results over the medium /long term , in a transparent way with their interests aligned with mine. They are easily accessible , organise regular briefings and the whole team a pleasure to do busy with . Richard Cotton
Emmanuel Frimpong
Aug 14, 2020
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Since opening the account I have not had very much interaction with the company. I have looked in occasionally to see how my funds are performing. The current climate is not terribly good for any investor so the rather sorry performance is completely understandable. This is when one wishes that one had chosen to load the money into a fixed interest account but isn't hindsight lovely? Keep up the good work.
David J. Cohen
Jul 05, 2020
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Positive: Professionalism, Quality, Responsiveness, Value
I was looking for a wealth manager that would offer me clear, expert thinking, along with focussed and high quality investment management. I found it in SCM Direct who are consummate professionals and who offer a fair, and transparent cost structure.
I was looking for a wealth manager that would offer me clear, expert thinking, along with focussed and high quality investment management. I found it in SCM Direct who are consummate professionals and who offer a fair, and transparent cost structure.
William Byrne
Jun 29, 2020
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Charlie Stead
Jun 13, 2020
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Donna Hanson
Jun 12, 2020
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