SIPP Dealing account

Manage your own pension investments.

If you understand the markets and are comfortable in managing your own investments, then who better to run your pension than you?

A Self Invested Personal Pension (SIPP) puts you in control and gives you the freedom to build your own individual pension to fit your circumstances. And our SIPP Dealing account, in conjunction with your chosen SIPP Trustee/Administrator, gives you the flexibility to decide what to invest in and when, switching your investments to react to changing markets and your individual needs.

Order an information pack >

Download an application form >

Please ensure you read and understand the Investment Risk Warnings and other important information

Please bear in mind that:
  • The value of investments can fall as well as rise and any income from them is not guaranteed. You should be prepared to lose your investment. Past performance is not a guide to future performance.
  • The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If now or in the future, you have the option of joining an employer's occupational or contributing pension scheme you should consider joining or making contributions to it.  Once in a pension your money is only accessible, in general, from age 55.

Is it for me?

A SIPP won't be appropriate for everyone. But if you've investment experience, or the time and interest to manage your own investments, it can be well worth considering.

As with any investments, you should bear in mind that all investments should be regarded as for the long term, that their value can go down as well as up, and that you could get back less than you invested. Any yield is variable and not guaranteed. Once in a pension your money is only accessible, in general, from age 50. If you have any doubts, we recommend you seek independent financial advice.

If you have the option of joining an employer's occupational pension scheme now, or in the future, or a pension to which your employer will contribute, you should consider joining it or making any additional contributions to it. Before transferring you should also check that you will not lose any valuable benefits including Guaranteed Annuity Rates, guaranteed investment returns or membership rights which your policy may include. A SIPP may attract higher charges than a Stakeholder Pension. However, it does off offer greater investment choice, flexibility and active management. It is essential that you take professional advice on a SIPP product.

You can find our more about a SIPP with our free guide, written in conjunction with Investors Chronicle.

Get your free SIPP guide here >

Our SIPP Dealing Account - At a glance

  • Award winning service - voted Best SIPP Provider by Investors Chronicle magazine readers, 2006 and 2007.
  • Take control of your own pension investments – and of your future finances - with our SIPP Dealing account
  • Choose your preferred pension trustee/administrator – or take advantage of our specially negotiated rates with 2 providers
  • Invest in our full range of investments - UK and international shares, ETFs, ETCs, Bonds & Gilts, Funds, Warrants and Covered Warrants.
  • Deal online or by telephone
  • Standard dealing fee of £12.50. Plus reduced rate for frequent traders once you've completed 100 trades in a quarter.
  • Simple Management Fee of £35 plus VAT covers all of your Selftrade accounts (note that this does not include any fees charged separately by your chosen SIPP Trustee/Administrator).
  • 'Nominee account' structure in conjunction with your pension trustee / administrator enables us to carry out your instructions with minimum fuss and maximum efficiency – whilst you remain the beneficial owner.
  • Available to UK residents aged 18 and over.

Trading features

  • 'Best execution' – as standard.
    We'll contact up to 17 different 'marketmakers' in order to get you the best price available, aiming always to beat the bid and offer price quoted on the Stock Exchange's systems.
  • Limit and stop orders
    For extra control over your dealing, place limit and stop orders on UK shares and covered warrants, valid for up to 90 days, at no extra charge. Plus we can advise you when your limits 'trigger' with an email or SMS alert.

Money management

  • Funding your account
    Contact your SIPP administrator who will arrange for the transfer of cash into your SIPP Dealing account.
  • No fee for dividend collection
    We'll collect your dividends, credit them to your account and provide you with an annual summary. You'll also earn interest monthly on the cash balance in your account.

Please remember: The value of investments may fall as well as rise and you may get back less than you originally invested. Limited liability instruments mean that you cannot lose more than you have invested. The risks associated with different instruments will vary: you should choose investments appropriate to your needs and consider your overall mix of different investment types.

View full risk warning >

Pension allowances (Tax year 2009/10)

Lifetime allowance £1,750,000
Annual allowance £245,000
Max. pension commencement lump sum 25% of pension benefit value
Max. relievable personal contribution 100% of relevant UK earnings
or £3,600 if greater
Lifetime allowance charge if excess drawn as cash 55%
if drawn as income 25%
Annual allowance charge on excess 40%

SIPPs explained

Missed our series of seminars looking at how you can take control of your own pension arrangements? Worry not. We've filmed the event so that you can 'attend' at your own convenience!

Sippex09 – the movie >

Planning your pension

How much should you be adding to your pension in order to achieve the income you want in retirement?

Use our handy Pension Calculator to work it out, based on the value of your pension to date and other factors.

Work out your pension >

Investment choices

  • UK and international equities
  • Gilts and corporate bonds
  • Exchange traded funds (ETFs) and commodities (ETCs)
  • Unit trusts and OEICs
  • Warrants and other securitised derivatives

Please note that not all investments are available in all account types.

Find out more >

Pricing

  • £12.50 - our flat fee for online and phone trades
    Applies across all of our different accounts.
  • No dealing fee on Fund purchases
    Plus many Funds have specially negotiated initial charges and lower management fees to save you even more.
  • Simple Management Fee
    An annual fee of £35 plus VAT covers all of your Selftrade accounts.

Find out more >

Other account options

  • Dealing account
  • Shares ISA
  • Investment club
  • Joint dealing account
  • Child Trust Fund
  • Child SIPP dealing
  • Company dealing
  • CFDs and Spreadbetting

Find out more >

Investment Support

  • Markets & news
    For the latest economic, political and company news across the equity market. Plus, latest news and commentaries from the Funds market.
  • Research & Education
    Investment selection tools for shares, funds, and covered warrants; comprehensive company factsheets; charts and watchlists. Plus guides and information to help enhance your investment skills; from an introduction to the stock market to investment strategies.
  • Customer only research
    Free access to Analysts' Consensus view, Directors' Dealings plus technical analysis from Investors Intelligence.

Intraday data is delayed by 15 minutes.

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