Compare pension providers
Thousands of people are switching their pensions to ii. Should you?
See how the ii Personal Pension (SIPP) stacks up against some of the biggest pension providers like Aviva and Standard Life.
Discover why over 100,000 pensions worth billions have already been transferred to us.
Important information: The ii SIPP is for people who want to make their own decisions when investing for retirement. As investment values can go down as well as up, you may end up with a retirement fund that’s worth less than what you invested. Usually, you won’t be able to withdraw your money until age 55 (57 from 2028). Before transferring your pension, check if you’ll be charged any exit fees and make sure you don't lose any valuable benefits such as, guaranteed annuity rates, lower protected pension age or matching employer contributions. Tax treatment depends on your individual circumstances and may be subject to change in the future. If you’re unsure about opening a SIPP or transferring your pension(s), please speak to an authorised financial adviser.
Why are pension savers switching to ii?
Every year, thousands of people are transferring their pensions to ii looking for lower charges, greater flexibility and better support.
Clear, simple, lower charges
Many pension providers charge a percentage of your retirement pot, meaning the more you save, the more they take.
Many savers may be paying overly complex, often excessive pension fees. At ii, we’re different. We charge a low, flat monthly fee - meaning your pension pot at retirement could be worth tens of thousands more.
Investment choice and control
You don’t have to settle on limited investment options. The ii Personal Pension offers a wide range of investment options to help you reach your retirement goals.
But more choice doesn't have to mean more complexity. Our Managed Portfolios, expert picks, and SIPP investment ideas can do the hard work for you.
Real, UK-based support
There’s nothing more frustrating than not getting the help you need.
ii’s award-winning Customer Support team is here when you need it.
Keeping track of your pension is also easy thanks to our straightforward website and secure mobile app.
More people are transferring to ii
Join tens of thousands of people moving their pensions to ii for better pricing and more control. Here’s a snapshot showing where they’ve transferred from.
Explore if you could save with an ii Personal Pension?
See how much you could save with our low, flat monthly fee Personal Pension compared with other SIPP providers that charge percentage-based fees.
Here’s a look at our flat monthly fees:
- £5.99 a month for pensions up to £50,000
- £12.99 a month for pensions over £50,000
With ii, you will always pay a low flat fee - helping you keep more of your money invested for the future.
Important information - Annual charge comparisons based on published SIPP charges on 01/02/2025 for Aviva SIPP, Standard Life SIPP (Level 2 Investment Options), AJ Bell SIPP & Hargreaves Lansdown SIPP. Assumptions: 100% holding in funds - choosing other assets such as shares and ETFs, may result in lower charges. Two fund purchases/sales. Pension charges only, excludes fund manager charges. Read more about our analysis. Source: The Lang Cat.
How the ii Personal Pension compares
The ii Personal Pension (SIPP) is a refreshing alternative to the traditional pension providers you might be used to. Like all pensions, it offers the same generous tax benefits, but with wider investment choice and greater control - all for a low, flat fee.
Comparison information: This comparison table is provided by ii and is for information purposes only. It compares features of SIPP and Personal Pension products available on a non-advised, execution-only basis. The information reflects product features as described on provider websites as of 20/11/25, and information available publicly. Older or legacy products could be significantly different and offer different features, benefits, or charging structures that are not reflected in this table. Before transferring your pension, check if you’ll be charged any exit fees and make sure you don't lose any valuable benefits such as guaranteed annuity rates, lower protected pension age or matching employer contributions. If you’re unsure about opening a SIPP or transferring your pension(s), please speak to an authorised financial adviser.
Your pension, always within reach
Wherever you are, you can stay in control of your pension with the ii app.
- Add cash and invest in UK and international markets quickly, easily and securely
- Keep track of your retirement savings and your other ii accounts from your phone
- Stay up to date with the latest award-winning research, insights and news
Meet the people who’ve already made the switch to ii
Don’t just take our word for it - hear why some of our customers made the switch from likes of Aviva, Standard Life and Royal London to save more for their future.
See why they, and thousands more, continue to transfer to ii.
Do you have old pensions with high fees?
It's easy to consolidate your pensions with ii. From old workplace pensions to SIPPs, even with traditional pension providers like Aviva and Standard Life, transferring to ii gives you more control over your money and, possibly, lower fees.
You can do this entirely online once you open an ii Personal Pension.
How to transfer to the ii Personal Pension?
Once you've decided a transfer is right for you, you can apply online for your ii SIPP and get set up in less than 15 minutes. If you need any support with your application, our team is here to help.
You can start your transfer while opening your SIPP. If you want to transfer later, that works too – just log in via the website.
When completing your transfer request, you’ll need to tell us a few important details, including:
- Your pension provider’s name and your pension account number
- The value of your transfer and whether you’re transferring as cash or investments
- Whether you’ve accessed your pension already (is it in drawdown?)
Depending on what you’re transferring, you may need to send us forms after you’ve submitted your request. If so, the forms will be available on the confirmation page for you to print, complete, sign and return to us.
Once your transfer details are in, it’s time for you to sit back and relax. We’ll work with your current provider to move your pension to ii.
If we need any more information from you, we’ll be in touch. We’ll provide regular updates as your transfer progresses.
It’s about making the right choice for you
The right choice depends on how you want to manage your pension, your pot size, and what fees you're comfortable with.
Transferring a pension to ii can be a good choice for many reasons. It can save you money, improve your investment options and give you greater flexibility with your retirement income.
But there are some important things to check and consider before you make your move.
Check 1: Will it cost you anything to transfer
It’s always free to transfer with ii from our side. But be sure to check if your current provider charges any exit fees or penalties.
Check 2: Will you lose any benefits by transferring?
Some pensions have special guarantees and benefits. Before transferring, make sure you won't lose any of the following:
- Guaranteed annuity rates
- Lower protected pension age
- Matching employer contributions
Check 3: Should you take pension advice before transferring?
If you’re unsure about transferring your pension(s), please speak to an authorised financial adviser who specialises in pensions. And if you’re over 50 and thinking about retiring soon, you can also book a free and impartial guidance session with Pension Wise, part of the government’s MoneyHelper service. They can help you understand your options and decide whether a transfer is right for you.
Switch to a four-time Which? Recommended SIPP
For the fourth year in a row, independent analysts at Which? have recognised the ii Self-Invested Personal Pension for its industry-leading choice, support and value.
Join over half a million investors and feel confident in building the retirement you want.
