Compare Selected Pension Providers

Invest From:
£25 pm
Investment Options:

 

Over 11,000 investments to choose from including funds, investment trusts, ETFs, company shares, bonds and more.

Admin Charges:

 

£0 – £250k: 0.45%
£250k – £1m: 0.25%
£1m – £2m: 0.10%
Over £2m: FREE

Transfer In Existing Pensions:
Why we like it: Award winning pension provider, HL are a FTSE 100 Company and the UKs biggest SIPP provider which is testimony to the service they offer their 1m+ clients. With no setup or transfer in charges, and no charges to buy or sell funds, Hargreaves Lansdown offer a flexible SIPP where you invest as little as £25 pm.
Invest From:
Any Lump Sum or £25 per month
Investment Options:

 

A low cost award-winning SIPP that gives you a choice of over 40,000 investments; Selected funds; Ready made portfolios.

Admin Charges:

Sipp fee: £10
Investor Plan: £9.99 per month
Funds Fan Plan: £13.99 per month
Super Investor Plan: £19.99 per month

Offer: Open today and pay no SIPP fee until April 2021 (T&Cs Apply) 

Transfer In Existing Pensions:
Why we like it: For larger pension funds, Interactive Investor offer a flat fee SIPP which over the longer term could save you money as costs stay the same as your portfolio grows.

Special Offers: Open a SIPP and you wont pay a SIPP fee for 6 months Open an ISA, Trading Account or Sipp and you’ll get £100 of free trades to buy or sell any investment (new customers only) Terms apply

Invest From:
£100
Investment Options:

 

Choose from five ready-made funds, each with a different level of risk that may suit your needs

Admin Charges:

 

Low platform fees – 0.25%

Transfer In Existing Pensions:
Why we like it: Whether you are just starting your pension journey or looking to consolidate your pension or you are at or near Retirement, Legal & General’s Self-Invested Personal Pension (SIPP) is a flexible, tax-efficient way of saving for your long-term future. You can pay money into the plan up until you’re 75. You can start withdrawing money from as early as 55. Legal & General can help you choose from a range of ready-made funds, each with a different level of risk that may suit your needs. The SIPP will allow you to receive up to 20% tax relief on your contributions as a basic-rate UK taxpayer. You’ll also benefit from an easy-to-use online account. With investments, your capital is at risk
Invest From:
£40 pm
Investment Options:

 

Thousands of funds to choose from; Select 50 – Browse a list of expert picks. Pathfinder – Risk profiled fund options. Investment Finder – Search 1000s of investment ideas.

Admin Charges:

 

£45 up to £7,500 a year or 0.35% via monthly regular saving plan.
£7,500 – £250k: 0.35% £250k – £1m: 0.2% £1m +: free

Transfer In Existing Pensions:
Why we like it:  The Fidelity SIPP offers low cost pricing with an extensive range of investment options with user friendly selection tools as well as planning calculators and retirement guidance. If you are transferring from an existing SIPP they will cover up to £500 of transfer out fees. Fidelity with over $300 billion of assets, are one of the largest money managers in the world.
Invest From:
£25 pm
Investment Options:

 

A wide choice of investments, including over 2,000 funds, shares from 25 markets, ETFs, investment trusts and more

Admin Charges:

 

£0 – £250k: 0.25%
£250k – £1m: 0.1%
£1m – £2m: 0.05%
Over £2m: FREE

Transfer In existing Pensions:
Why we like it: There are no charges to set up their SIPP and if you are moving an existing SIPP to them there are no transfer in charges. With AJ Bell you can deal from as little as £1.50, and you will never pay more than £9.95 per online deal.
Invest From:
£25 per month
Investment Options:

 

Funds selected for you based on risk profile

Annual Platform Fee
0.60%
Transfer In Existing Pensions
Why we like it:  For investors who want a expert plan put together for them based on timescales and investment risk profile Wealthify (backed by AVIVA) offer a tech savvy low cost option. Your money is invested in a range of funds including shares, bonds, property and commodities using mainly low cost passive investments such as ETFs and mutual funds. Fund houses used include Vanguard, Blackrock and Fidelity. Wealthify also offer an ethical investment option.
Invest From:
No Minimum
Investment Options:

 

7 Plan options; Tracker, Tailored, 4Plus, Future World, Shariah, Preserve and Match.

Admin Charges:

 

From 0.50% to 0.95% pa depending on the plan you choose.

Transfer In Existing Pensions:
Why we like it: Pension investing made simple. Pensionbee offer 7 risk profiled investment plans managed by leading world investment managers including State Street Global Advisors, BlackRock, Vanguard and L&G. It’s free to change your plan at any time & if you don’t want to decide straightaway you can simply pick their most popular plan “Tailored” which automatically moves your money into safer assets as you grow older. For funds over £100,000 management fees are reduced e.g. for their tracker plan the annual charge is 0.25%.
Invest From
£25 per month
Fund Choice
Funds selected for you based on risk profile
Annual Platform Fee
0.68%
ISA & Pension Options
Why we like it:  For investors who want a expert plan put together for them based on timescales and investment risk profile Moneyfarm (backed by Allianz Global Investors) with over 40,000 investors across Europe offers a select range of asset classes, geographies and currency exposures to minimize risk and maximise growth. There is a focus on keeping costs low and quality high. Moneyfarm use ETFs to build their portfolios. typically your portfolio will contain 7 to 15 funds based on your risk profile and goals.

Self Invested Pension

Take Control of your pension!

self-invested personal pension (SIPP) is different to a traditional pension. Instead of limiting your investment options, a SIPP opens the doors, giving you more choice in how you invest your money. Like other pensions, the government will still give you up to 46% tax relief on the amount you pay in. Once your money is in a SIPP, you won’t have to pay tax on any gains or income your investments make.
  • Security – Hargreaves Lansdown are a FTSE 100 company and the UK’s biggest SIPP provider
  • Control – Check your pension whenever you like, online and with the HL app
  • Support – Pensions Helpdesk is on hand to answer your questions six days a week
  • Expertise – Research, ideas, and updates to help you with your investment decisions
Low Cost Self Invested Pension »
Self Invested Pension – FREE Guide

Compare UK Pension Services

Compare pension services for self invested pensions (SIPPs)  where you can pull your existing pension plans into one place.
Lost track of old pension plans? Service for tracking down plans from previous employments.
Annuity service if you are looking to buy a guaranteed income from your pension pot.
Fair Investment

FREE Guide – Retiring Early!

8 tips for an earlier, wealthier retirement

Transforming that dream into a reality doesn’t come cheap, how could you afford it? Once you have paid off debts, like it or not, the answer is likely to depend on your pension.

Straightforward guide provides eight tips that could help you to retire earlier than you thought, including:

  • The simple formula for how much you should consider investing each month
  • How to boost existing pensions
  • Understanding the options available at retirement (including the new rules)

This guide is not personal advice. Please remember tax rules can change and the value of the tax benefits will depend on your circumstances. The value of investments can fall as well as rise so you could get back less than you invest. Pensions cannot usually be withdrawn until age 55 (increasing to 57 in 2028).

FREE Guide – 8 Tips To Retire At 55 »

Annuity Services

Annual Income
£5,138
Payment Terms
Annual income for life
Purchase Amount
£100,000

Pension Finder & Transfer Service

Setup Fee
No Fee
Annual Fee
From 0.35% pa
Pension Service
PensionBee will find all your old pensions and combine them into a single, good-value, online plan.
Drawdown Option

Pension Bee Finder & Consolidation Service

Pension Overview

The term ‘pension’ means different things to different people. However, what can be said with some certainty is that in the UK over the last 30 years successive governments have done their best to make the whole area of pensions as complex as possible –  making it very difficult for the layperson to understand .

When we talk about pensions we might be referring to:

On 6th April 2016 the state pension system changed for men born after 6 April 1951 and for women born after 6 April 1953.

The UK government brought in a new single tier state pension of £155.65 per week (£8,092 a year) at the full level. Depending on the national insurance contributions you have made you may get more or less than this amount.

The existing sytem is based on 3 parts:

(a) Basic State Pension – As at April 2016 the full basic state pension is £119.30 per week per individual calculated on the number of years you have made national insurance contributions or acquired credits because of looking after children or people with disabilities.

(b) State Second Pension (formerly known as SERPS) – This is paid in addition to your basic state pension and is based on your earnings and national insurance contributions you have made whilst working.

(c) The Pension Credit is an income related benefit for pensioners in the UK which is means tested and is aimed at people who have no other income apart from the basic state pension.

There may be additional monies available if you are disabled, have caring responsibilities or certain housing costs, such as mortgage interest payments.

Depending on who you work for you will typically find one of the following types of schemes (some companies will have both):

(a) Final Salary Schemes – Where the employer will provide the employee with a pension based on their final salary at retirement and their length of service. With these types of schemes the pension is often inflation protected in some way e.g. linked to retail price inflation. With final salary schemes the risk is on the employer to ensure that the pension assets will cover the pension payments required.

(b) Money Purchase Schemes – This is where the employee pays a proportion of salary into a pension scheme with usually a contribution also made by the employer. The final pension pot available to the employee at retirement will depend on the investment performance of the pension scheme. In this respect the employee bears the risk that if investment returns are not as good as expected then this will impact on the fund size at retirement. In addition to this the income that can be achieved by using the fund to buy an annuity will be affected by prevailing interest rates and life expectancy rates. Annuity rates fluctuate and good timing can make a difference to the income you receive in your retirement.

Allows anyone under the age of 75 to save money within their own private pension with contributions eligible for income tax relief.

Personal pension providers will make available a set range of different asset classes for you to choose from for investing and so the pension fund you build up will depend on the performance of your investment choices over time. At retirement you can take up to 25% of the fund tax free and the remainder of the fund must be used to generate an income – typically an annuity. Different types of personal pension include Self Invested Personal Pensions (SIPPs) which provide a broader range of investments for you to invest in.

Working out what level of pension we can expect in retirement may require expert pension advice. For many people a proper assessment of what pension to expect in retirement is left too late in the day. For many this lack of planning can have serious financial implications. What holds true is that we have to take responsibility for our own pension arrangements and be proactive in ensuring that our retirement provision is adequate in line with our expectations.

Important Risk Information: This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested. The tax efficiency of pensions is based on current tax law and there is no guarantee that tax rules will stay the same in the future. Different types of investment carry different levels of risk and may not be suitable for all investors. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice. * Details of how the Financial Services Compensation Scheme applies to investment firms can be found at fscs.org.uk.