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SIPP: Self-Invested Personal Pension

Take control of your retirement planning with our award-winning, low-cost SIPP

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Open a SIPP by 31 July 2020 and pay no SIPP fee until April 2021. Terms?apply

What is a SIPP?

A Self-Invested Personal Pension (SIPP) is a type of pension that gives you the freedom to choose and manage your own investments. A SIPP account?allows you?to see how your investments are doing at any time?and make changes whenever you like. They?provide?the same tax-efficient pension benefits as other types of defined contributions pensions, as well as a full range of allowable income drawdown options.

Who are SIPPs for?

SIPPs are for people who are happy making their own investment decisions. Usually they suit higher value pensions and experienced investors.?

Find out more about why ii could be the best SIPP provider for you.

Benefits of the ii SIPP

???The widest choice?- choose from more than 40,000 UK and global stocks

???Expert tips and?information?- impartial information from our analysts, including selected funds, ready-made portfolios and our award-winning newsletters

???Support?- our UK-based team is rated 'Excellent'?on Trustpilot

???Manage on the move?- check on your investments any time, anywhere with our mobile app

???Free regular investing?- top up your investments with as little as £25 each month

???Multiple currencies?- hold cash in up to 9 different currencies

???Fair, fixed fees?- there is no percentage fee, so your costs stay the same as your portfolio grows

Making Contributions

  • Tax relief is available on up to £40,000 of gross contributions.
  • Choose whether you pay into your SIPP account monthly or in a lump sum.
  • If you are not working, you can still contribute up to £2,880 each year and the Government will top that up to £3,600 through tax relief. Once you have started taking a taxable income from your SIPP you can make contributions of up to £4,000 each year that qualify for tax relief.

Our charges at a glance

  • We offer a range of service plans to suit the needs of different investors. Our Investor plan is £9.99 per month and covers you for multiple accounts - most people start on this.
  • Our SIPP fee is just £10 per month extra (Special offer: Open today and pay no SIPP fee until April 2021)
  • Once you start to take retirement benefits, there is an additional £10 monthly drawdown fee.
  • For each service plan?every month we give you £7.99 credit, that you can use for trading or dividend reinvestment, and free regular investing. Additional trades in UK Shares, Funds and Investment Trusts cost £7.99 a trade.

Our fair flat fees ensure that your costs will stay the same even as your investments grow. Over a long-term investment, our low-cost SIPP could help you save £20,000 or more compared with our competitors*.? Learn more

Open a SIPP by 31 July 2020 and pay no SIPP fee until April 2021.
This means your service plan fee of £9.99 covers you for all of your investment accounts. Following the offer period, the ii SIPP fee is only £10 a month more, and could save thousands compared to other pension providers who charge a percentage fee.? Terms apply

Are your old pension providers keeping you in the dark about fees? Find?out?more

Open a SIPP

It takes less than 10 minutes to get started.? You'll just need your address, debit card details and National Insurance number to hand.

start your application

Already an ii customer?

It's even quicker and easier to apply for an ii SIPP. Simply log in using the button below and choose 'SIPP' from the available options.

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An award-winning SIPP

Transfer to us and benefit from an award-winning service. We are proud to have been named Best SIPP Provider at the 2019 ADVFN Awards and Best Low Cost SIPP Provider by the Investors Chronicle.

The ii SIPP is aimed at clients who have sufficient knowledge and experience of investing to make their own investment decisions and want to actively manage their investments. A SIPP is not suitable for every investor. Other types of pensions may be more appropriate. The value of investments made within a SIPP can fall as well as rise and you may end up with a fund at retirement that’s worth less than you invested. You can normally only access the money from age 55 (age 57 from 2028). Prior to making any decision about the suitability of a SIPP, or transferring any existing pension plan(s) into a SIPP we recommend that you seek the advice of a suitably qualified financial adviser. Please note the tax treatment of these products depends on the individual circumstances of each customer and may be subject to change in future.

*?To see how investing with our Fair Flat Fees?over 30 years in a?SIPP compares with other providers, The Lang Cat used:? ??A £150,000 initial?balance? ??40 trades per year???A 50:50 split between shares and funds? ??Standard charges, with no set-up fees or temporary offers.

£0 SIPP fee promotion terms and conditions1

  1. No SIPP fee shall be charged to all new ii SIPP accounts until April 2021 (the “Offer”) that are opened from and including 3?March?2020 to and including 31?July?20201 (the “Offer Period”). This shall include instances where a participant has submitted a full and complete application for a new ii SIPP account during the Offer Period but the account is not yet opened, where such delay is not attributable to the acts or omissions of the participant.
  2. The Offer is open to new and existing customers.
  3. These terms and conditions should be read in conjunction with the ii SIPP Terms. In the event of a conflict between these terms and conditions and the ii SIPP Terms, these terms shall prevail.
  4. After the Offer has ended, the SIPP fee you will be required to pay will be as set out in our Rates and Charges.
  5. All other fees, for example a drawdown fee which is applied once you start to take retirement benefits, are not subject to this Offer and shall continue to apply notwithstanding.
  6. We reserve the right to alter, withdraw or amend this Offer and/or these terms and conditions at any time without prior notice.
  7. All participants to this Offer agree to be bound by these terms and conditions.
  8. Interactive Investor Services Limited (“IISL”) is the promoter of this offer. The registered office for IISL is Exchange Court, Duncombe Street, Leeds LS1 4AX.

1 Updated 30?June?2020