Home >

pensions - pension costs

Pension costs 

Charges can make a big difference to your long term returns.

How can ii help keep your pension costs in check?

We don’t believe in charging a percentage fee that goes up as your investments grow. Our award winning ii SIPP gives you fixed, transparent pricing, with no percentage-based fees.

Pay a fixed annual admin fee of £120.

So you can watch your portfolio grow whilst your costs stay the same.

a great value SIPP

Our annual administration fee is fixed at just £120 whilst you're building your pension pot. Once you start to take retirement benefits, there is an additional £120 annual drawdown fee.

We charge one £22.50 quarterly payment for all your linked accounts and return this to you as non-refundable trading credits.

 

other charges at a glance

simple and fair pricing...

For more details on trading commissions and any other costs, view our full rates and charges.

£0 to open your ii SIPP and £0 to transfer pensions from other providers (although provider's exit charges may apply)

to buy or sell online is usually £10 a trade, which we reduce to £6 for your first 3 months and if you trade frequently

Just £1 for each investment made using our dividend reinvestment and regular investing services

welcome offer

with any new ii account you enjoy our lowest frequent trader online commission rates for the first full three months. After that you'll stay on the frequent trader rates or move to our standard rates depending on the average number of monthly trades you completed.

an award-winning and great value service

interactive investor's new pricing model makes it great value for investors looking to consolidate reasonably-sized pots in one place.

Jeremy Fawcett, Head of Platforum (Money Observer, October 2017)

Protection of your assets

The security of your financial assets and your account is of the utmost importance to us. ii is regulated by the Financial Conduct Authority (FCA), and all our systems and practices not only meet industry requirements but in addition, we have further security procedures of our own, so you can be confident of our commitment to the safety and security of your account and investments at all times. 

about ii

All customer investments are held securely in trust for customers. These arrangements protect your assets in the event of our insolvency.

Your cash and holdings are protected up to the limits provided by the Financial Services Compensation Scheme (FSCS).

With secure customer log in and encrypted data throughout, we provide a service you can rely on.

get more from an ii SIPP

We don’t believe in charging a percentage fee that goes up as your investments grow.

Our award winning SIPP gives you fixed, transparent pricing, with no percentage-based fees.

Pay a fixed annual admin fee of £120.

So you can watch your portfolio grow whilst your costs stay the same.

The value of investments made within a SIPP can fall as well as rise and you may end up with a fund at retirement that’s worth less than you invested. You can normally only access the money from age 55 (age 57 from 2028). 

The ii SIPP scheme operator and administrator is BW SIPP LLP. Other fees apply – please see our charges for full details.