SIPP (Self-Invested Personal Pension) Comparison & Review

SIPPs

Self Invested Personal Pensions offer attractive tax benefits for investors who wish to take control of their own pensions.

Use the interactive Investment Superstore SIPP comparison tool to compare annual charges to help you discover the most cost-effective provider for your circumstances. 

We have also compiled a breakdown of key features to help you discover the platform that offers the functionality and charges you need. 

SIPP Annual Charge Comparison:

BrokerAnnual Charge %Annual Charge £
Hargreaves Lansdown0.45NA
Fidelity1.20NA
IGNA195
Nutmeg0.35NA

SIPP Online Dealing Commission Comparison:

BrokerStandardFrequent
Hargreaves Lansdown11.955.95
Fidelity**
IG8.005.00
Nutmeg******

*Fidelity doesn’t offer a share dealing service and charges 0.1% for Investment Trusts and ETFs

*** Nutmeg doesn’t offer individual share dealing instead their experienced investment team invests your funds in a diversified portfolio.

The above rates are subject to change. The above table uses each providers headline rate, please review the details of each companies charging structure below.

SIPP Providers:

IG

  • Dealing Commission:
  • £8.00 0-9 trades, £5.00 10+
  • Annual Charge:
  • £195
  • Special Features:
  • No set-up fee, Over 1000 shares and ETFs
  • All investment involves risk. You may get back less than you invested. Seek independent financial advice before undertaking any investments. Investment Superstore will accept no liability for action taken by any user of this website.

Nutmeg

nutmeg-logo-investment-superstore
  • Dealing Commission:
  • NA
  • Annual Management Charge:
  • 0.25%-0.75% up to £100k. 0.25%-0.35% beyond £100k*. There are also underlying investment charges, see Nutmeg's fees page.
  • Special Features:
  • Fully-managed or fixed allocation portfolios, low fees, professional management
  • Capital at risk. Please seek independent financial advice before undertaking any investments. Investment Superstore will accept no liability for action taken by any user of this website. *Nutmeg fee varies depending on the portfolio choice and amount you invest. See their pricing page for more information

 

Hargreaves Lansdown

  • Dealing Commission:
  • £11.95 0-9 deals, £ 8.95 10-19 deals, £5.95 20+ deals
  • Annual Charge:
  • 0.45%
  • Special Features:
  • No set-up or inactivity charges
  • All investment involves risk. You may get back less than you invested. Seek independent financial advice before undertaking any investments. Investment Superstore will accept no liability for action taken by any user of this website.

Fidelity

  • Dealing Commission:
  • £5.10 monthly admin fee, £9.00 online, £18.50 telephone deal
  • Annual Charge:
  • (£0-£7,500) £45 flat fee, (£7,501 to £250,000) 0.35%, (£250,001 to £1million) 0.2%
  • Special Features:
  • No charge on assets over £1million
  • All investment involves risk. You may get back less than you invested. Seek independent financial advice before undertaking any investments. Investment Superstore will accept no liability for action taken by any user of this website.

 

SIPP Considerations

Self-Invested Personal Pensions are a popular option for investors who wish to take control over the management of their retirement pot.

Investors are able to invest in a wide range of assets within a SIPP including stocks, bonds, property and some alternative investments.

The Investment Superstore SIPP Comparison and Review focusses on providers of SIPPs who specialise in stocks, bonds and mutual funds. The providers included in our comparison are all regulated by the Financial Conduct Authority. 

SIPPs carry generous tax benefits from the tax man which include the adding of cash to your SIPP when you contribute. For example, if you invest £16,000, the government automatically adds a further £4,000.

SIPP fees vary from provider to provider so it is important to review each option carefully. You must also be aware that the value of investments can fall as well as rise so you must understand the risks of securities you place in a SIPP.

Investment Calculators:

Investment Superstore Risk Warning & Disclaimer: All Investment involves risk. Please ensure you understand these risks before you undertake any investments. Investments that use leverage and margin such as CFDs, Options and Futures carry a considerably higher risk than traditional shares and are not suitable for all investors. Any information on the Investment Superstore website is general in nature and not a recommendation to act. Investment Superstore does not itself provide any investment advice nor is any of the content on this site an inducement or invitation to enter into any financial activity. Investment Superstore will not accept any liability for action taken after using this website. If you continue to use this website you agree to this statement and to our terms and conditions.