So… you have decided you are going to take out a SIPP to manage your own pension.
It is a sensible move, we reckon, because, let’s face it, given past scandals and scams you’re not guaranteed anything these days with traditional pensions.
Putting your pension into a SIPP – or starting a brand new one – means you get total transparency to see how your pension is grows.
Of course, there is risk in doing so – but you know that already or you wouldn’t be here wondering who we believe are providing the best SIPPs in the UK right now!
Without further ado – here they are…
Hargreaves Lansdown – Hargreaves Lansdown Vantage SIPP
With 430,000 clients using the HL SIPP, it is easy to see why they are one of the most popular SIPP providers. They have won numerous Best S
IPP Awards too.
You can invest in shares, unit trusts and investment trusts – with more than 2,500 on offer.
Annual admin charge for funds – 0.45% up to £250,000, 0.25% for £250,000 to £1m, then 0.10% between £1m and £2m. There is no charge over £2m.
There’s a separate charge of 0.45% for holding shares. This is applied to the whole account, but it’s capped at £200.
There’s no transfer out fee and you can start with a minimum lump sum of £500 or a regular monthly contribution of £25.
You get free research, the latest investment news and they have a handy section to check out recommended investment ideas.
You can select your own or choose from their ready-made portfolios.
There’s a pension calculator to help get you started.
Also boasting more than 400,000 clients, award-winning interactive investor have much to admire as a SIPP provider.
They have a wide choice of investments on the market. One look at their handy, in-depth lists would appear to vouch for that.
They offer Super 60, Ace 40 or one of their Quick Start Funds or Model Portfolios.
Their Ace 40 is dedicated to ethical investments.
ii is one of the cheapest providers for a pension over £50,000. Th