From great value to best-in-class, access the SIPP to suit your needs through our extensive network of providersOpen a SIPP
Even 61% of retired, confident investors say they want more income
(Schroders Global Investor Study 2018)
A Self-Invested Personal Pension (SIPP) is a do-it-yourself pension that lets you decide how your money is invested. There are some handy tax benefits included too.
If you’re new to investing and unfamiliar with different types of investments, funds are the ready-meals of investments and could be a quick way for you to get started.
One of the main benefits of a SIPP is tax relief. The UK Government will provide 20% tax relief on all contributions into your SIPP up to £40,000 per year.
For example, if you put £1000 into your SIPP, the government will add an additional £250 in tax relief.
If you’re a higher or top-rate taxpayer, you can claim back up to a further 25% on your tax return. Scottish taxpayers can claim back up to an additional 26% on their tax return, potentially bringing their total tax relief to 46%.
Accumulated investments within SIPPs grow free of income tax, while if you choose to sell or dispose of any investments including properties and bonds, you won’t have to pay capital gains tax.
A complete service including administration and trustee services provided by our partner, Gaudi Regulated Services Limited
Choose from an extensive panel of leading SIPP providers, so you can select one which best matches your requirements
A SIPP gives you the flexibility and control to choose how your money is invested across a range of asset classes and sectors. Sign in at any time to invest or monitor performance.
The government will add 20% tax relief to contributions you make to your SIPP. Furthermore, higher and top-rate tax payers can claim up to an extra 25% back on their tax return.
SIPPs allow you to invest and gain tax relief on contributions up to £40,000 per annum. Thanks to the carry forward rules, any unused allowance can be rolled over for up to three years, meaning you could invest up to £120,000.
Any capital gains made within a SIPP are tax free, and you can withdraw a 25% lump sum tax-free from the age of 55. That’s more money for you to spend in retirement.
If you’re new to investing and unfamiliar with different types of investments, see why funds are the ready-meals of investments, and could be a quick way to get started.
Here's the full list of standard investments available to invest in within a Selftrade SIPP: