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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 >

• 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
  • European Pensions Management
  • Sippdealxtra
• 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.

• '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.

• 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 >

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%