Self Invested Personal Pensions

Self Invested Pension Options

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:

More info

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.

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Expert guidance to help you invest your savings
One low cost service fee – typical fee is just 0.35%* – ongoing fund charges also apply
24/7 access via online Account Management system
Great service – from UK-based phones team through to investment guidance on our website
A regular savings plan from as little as £50 per month, or invest from £800 single
Transfer a pension to us and we’ll pay any exit fees up to £500 per person. T&Cs apply

Go To The Fidelity Website »

SIPPs are a type of pension for people happy to make their own investment decisions
Investments go down in value as well as up so you could get back less than you invest
You can normally only access the money from age 55.
Tax reliefs depend on your circumstances and the rules could change in the future
If you’re unsure about the suitability, we recommend you ask for independent advice

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:

More Info

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.

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No SIPP set-up, transfer-in or fund-dealing fees. Online share dealing at £11.95 per deal, or as low as £5.95 per deal for active traders with a low annual charge to hold shares of just 0.45% (capped at £200 per annum)
FREE research on popular investments
Free mobile app to deal shares, access prices, indices, news and research.
Voted Best SIPP Provider seven years running
Up to 45% tax relief on your contributions
A 25% tax-free lump sum. You can normally take up to a quarter of your SIPP without having to pay tax, after you’ve reached the age of 55

Go to Hargreaves Lansdowns website »

SIPPs are a type of pension for people happy to make their own investment decisions
Investments go down in value as well as up so you could get back less than you invest
You can normally only access the money from age 55.
Tax reliefs depend on your circumstances and the rules could change in the future
If you’re unsure about the suitability, we recommend you ask for independent advice

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:

More info

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.

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Which? Recommended Investment Platform 2019 & 2020
Low charges – buy funds from £1.50 and shares for as little as £4.95
A regular investment service – invest as little as £25 a month for a lower dealing charge of just £1.50
Free access to Shares Magazine, the UK’s leading online resource for private investors, by maintaining an account balance of over £4,000

Go to the AJ Bell website »

0.25% shares custody charge (maximum £25 per quarter)
Capital at risk

Invest From:

£25

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:

More info

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.

Open a SIPP by 30 June 2020 and pay no SIPP fee until April 2021. Terms apply

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Open an ii SIPP with a lump sum, invest monthly or transfer pensions held with other providers
Apply for an ii SIPP on your desktop, tablet or mobile in just a few minutes
The widest choice of investment in the market: over 40,000 UK and global stocks including shares, funds, ETFs, investment trusts and more
Hold and trade up to 9 currencies, including sterling, US dollars and euros, to help you manage currency exchanges (FX)
Quickly fund your ii SIPP and access your portfolio anytime, anywhere with our mobile apps
£10 per trade or £6 for frequent trading
Just £1 for each investment made using dividend reinvestment and regular investing services
Low annual fee

Go to the Interactive Investor website »

SIPPs are a type of pension for people happy to make their own investment decisions
Investments go down in value as well as up so you could get back less than you invest
25% tax-free lump sum. You can normally take up to a quarter of your SIPP without having to pay tax, after you’ve reached the age of 55
Tax reliefs depend on your circumstances and the rules could change in the future
If you’re unsure about the suitability, we recommend you ask for independent advice
Capital at risk

Invest From:

£25 per month

Investment Options:

Funds selected for you based on risk profile

Annual Platform Fee

0.60%

Transfer In Existing Pensions

More info

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.

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Voted “Best Best Buy 2019” by Boring Money
Consolidate your small pension pots in one place
No setup or transfer fees
Your money is looked after by a team of qualified investment managers with experience in established firms all over the world.
Ethical pensions available
Access to leading fund managers including; Vanguard, Fidelity, BlackRock, iShares & L&G

Go to the Wealthify website »

Annual fee 0.6%
As with all investing, your capital is at risk. The value of your pension can fall as well as rise and you may get back less than you invest
You can’t withdraw money from a personal pension until you’re 55

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:

More info

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%.

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Transfer all your old pensions into one account using free finder service
Once transferred invest into a choice of 7 different managed plans including Tracker, Income, Ethical and Sharia
Tailored Plan option automatically moves your money between accounts to safer investments as you get older
Annual fee halved for accounts over £100,000 in value
All plans are 100% FSCS protected
Underlying investments into some of the biggest fund managers in the world including BlackRock and Legal & General

Go to the Pensionbee website »

Annual fees range from 0.5% to 0.95% depending on the plan you choose
As with all investing, your capital is at risk. The value of your pension can fall as well as rise and you may get back less than you invest
You can’t withdraw money from a personal pension until you’re 55

Invest From

£25 per month

Fund Choice

Funds selected for you based on risk profile

Annual Platform Fee

0.68%

ISA & Pension Options

More info

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!

A 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 »

Pensions & Savings News

5th
Jul

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.

Self Invested Personal Pensions

Self Invested Pension Options

Self Invested Pension

Take Control of your pension!

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