SIPP: Self-Invested Personal Pension

Take control of your retirement planning with our award-winning, low cost SIPP.

open a SIPP   transfer your pension

Please remember, SIPPs are aimed at people happy to make their own investment decisions. Investment value can go up or down and you could get back less than you invest. You can normally only access the money from age 55 (57 from 2028). We recommend seeking advice from a suitably qualified financial advisor before making any decisions. Pension and tax rules depend on your circumstances and may change in future.

What is a SIPP?

A Self-Invested Personal Pension (SIPP) puts you in control of your retirement planning. While a traditional pension may offer limited investment options, a SIPP gives you the freedom to make your own investment choices. 

Some people use a SIPP to combine old pensions into one. This can make it easier to keep track of your retirement savings.

As with other pensions, the government will give you tax relief on the amount you pay in. Learn more about SIPPs

Why choose the ii SIPP?

✔  Enjoy the flexibility and transparency of a SIPP - With an ii SIPP, you choose how and where your pension is invested.

✔  Retire with up to £94,000 more thanks to our fair, flat fees - take more of what you earn into retirement by paying less in charges at ii.*

✔  We give you a free trade every month - use this to buy or sell any investment.

✔  Our ready-made funds and expert ideas make it easy to choose investments.

✔  Choose from more than 40,000 investments – with UK and overseas shares, funds, investment trusts and ETFs to choose from.

*Analysis shows you could be better off by £94k over 30 years of investing in an ii SIPP due to our low flat fees. This is just for illustration if all other factors were the same. The advantage of lower flat fees over time means that you could be significantly better off in the long run. By how much will always depend on your personal circumstances. More about our analysis

Open or transfer a SIPP

It takes less than 10 minutes to get started.  You'll just need your address, debit card details and National Insurance number to hand.

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Already an ii customer?

It's even quicker and easier to apply for an ii SIPP. Simply log in using the button below and choose 'SIPP' from the available options.

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SIPPs are popular with people who want more control over where their pension is invested than is typically available from more traditional pension schemes. You can consolidate old workplace pots into a SIPP and you can also ask your current employer to pay into one.

They can also make sense for self-employed people who want to pick their investments independently, or for people who want to invest their pension sustainably, because of the investment choices available.


Managing the interactive investor SIPP

Learn how to make the most of your SIPP. From our experts’ ideas and analysis to exploring your options at retirement, we’ve got you covered.

Making contributions

We've made contributing to a SIPP simple and easy to understand.

find out more

SIPP investment ideas

We’ve made it easy to find ideas for your SIPP portfolio.

find out more

Options at retirement

We offer a range of flexible options for accessing your pension.

find out more

SIPP fees and charges

more about SIPP fees

A SIPP provider you can trust

  • We are the UK’s #1 flat-fee investment platform, with over 350,000 customers.
  • We are multi award-winning. We were recently awarded 'Best for Low Cost Pension' by Boring Money. And in 2020 alone we were named Best Low Cost Stockbroker (ADVFN), Best Fund Platform (COLWMA) and more.
  • To ensure its safety, any money you hold with ii is placed in a bank account which is established with statutory trust status. This means your money is kept separate from our own.
  • You are also protected by the Financial Services Compensation Scheme (FSCS).
  • And if you are not satisfied with our service, it’s completely free to leave.

We talked to four interactive customers who have recently transferred their old-style pensions.
Read their stories »

Are your old pension providers keeping you in the dark about fees? Find out more

Open a SIPP by 31 May and pay no SIPP fee until December 2021.

This means your service plan fee of £9.99 covers you for all of your investment accounts. Following the offer period, the ii SIPP fee is only £10 a month more, and could save thousands compared to other pension providers who charge a percentage fee.  Terms apply


It only takes a few minutes to get started – open a SIPP today.

You will need your National Insurance number and the details of any pensions you want to transfer.

UK residents over the age of 18 can open a SIPP. 

You can open a SIPP even if you do not have any earnings.

When you open a SIPP, you will pay a £9.99 service plan fee, plus £10 a month SIPP fee – bringing the total cost to £19.99 a month.

This also gives you access to our Stocks and Shares ISA, Junior ISA and Trading Account at no extra cost.

You can transfer most types of pension to our SIPP. Find out more on our SIPP transfer page.

It only takes a few minutes to open an ii SIPP.

It is important to remember that the value of your investments can go down as well as up, so you could get back less than you invested. This is true of all pensions, not just SIPPs – but before opening a SIPP you should be comfortable with managing your own investments.

Cash and stock held in an ii SIPP is covered by the Financial Services Compensation Scheme (FSCS), this means that if we were unable to meet our financial obligations you may be entitled to compensation from the scheme. 

Read more about how we keep your money and investments safe here.

Yes, it is possible to hold both a self-invested personal pension (SIPP) and a workplace pension at the same time. 

You can transfer old workplace pensions to your SIPP for simpler retirement planning. However, you may want to keep your existing company pension separate while your employer is contributing.

On the other hand, your employer may agree to contribute to your SIPP rather than the workplace scheme.

You will need your National Insurance number, debit card and bank (or building society) details.

Promotional SIPP offer terms and conditions

  1. No SIPP fee shall be payable on all new ii SIPP accounts opened on or after 1 October 2020 for six calendar months (the "Fee Free Period"). After the Fee Free Period has ended, the SIPP fee you will be required to pay will be as set out in our then current Rates and Charges.
  2. The Fee Free Period is open to new and existing customers who open a new ii SIPP account on or after the qualifying date.
  3. These terms and conditions should be read in conjunction with the ii SIPP Terms. In the event of a conflict between these terms and conditions and the ii SIPP Terms, these terms shall prevail.
  4. All other fees associated with managing your ii SIPP account shall continue to apply.
  5. We reserve the right to alter, withdraw or amend the Fee Free Period and/or these terms and conditions at any time without prior notice.
  6. All participants opening an ii SIPP account on or after 1 October 2020 agree to be bound by these terms and conditions.
  7. Interactive Investor Services Limited (“IISL”) is the promoter of this Fee Free Period offer. The registered office for IISL is Exchange Court, Duncombe Street, Leeds LS1 4AX.