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Which? Recommended Provider for SIPP 6 years running
“It's a great way to save for my future. I just wish I’d invested earlier in my life!”
What is a Managed Personal Pension (SIPP)?
Are you ready to save for your retirement but not sure which investments to pick? Or just want someone else to take care of it?
We can do it for you with our Managed Personal Pension. You get all the tax benefits of saving into a pension without having to choose and manage your own investments.
We pick your funds based on how you feel about investment risk and when you plan to start taking money from your pension.
Then we make sure your investments stay at the right risk level for you, every step of the way.
The right level of risk for you all the way
It’s important that your investments match how you feel about risk.
You might be happy taking more risk so your pension could grow more. Maybe you prefer less risk as you're more interested in protecting your savings. Or you might be somewhere in the middle.
So we ask you a few easy questions when you apply online to find out how you feel about risk. Then we match you with the right investments.
As you approach the age you plan to start taking your pension, we make sure your mix of investments is less risky. This is because they'll have less time to recover their value if there's a dip in the market.
Why choose our Managed Personal Pension?
Confidence
Knowing your SIPP is in the trusted hands of our experts.
Ease
Our experts adjust your portfolio should markets rise or fall, so you don't have to.
Help at hand
If you ever need us, you can call our team for support.
What our clients value
"Safety, trustworthiness, not having to think about it and knowing there'll be something there when I retire."
London
"Professionals managing my investments. I lack the time to effectively research and respond to market trends."
Troon
How does it work?
Tell us about yourself
Before opening your Managed Personal Pension, you'll answer a few questions to help us understand your attitude to risk and the age you plan to retire.
A portfolio matched to you
Once we know your attitude to risk, the age you plan to retire and how much you'd like to invest, we'll create an investment plan for you to review.
Leave it to our experts
Once you've reviewed your plan and are happy, we'll finish setting up your account. Then it's over to our experts to manage it.
Ongoing guidance and support
You'll receive regular market updates and an annual review so you remain in the know as we manage your investments.
Plan for a strong retirement in just 4 simple steps.
Couch to a £500K pension
Learn about the planIs a Managed Personal Pension right for you?
You're new to investing, or already started, but do not wish to choose your own investments.
You lack time to learn and research about the markets.
You're looking for extra support in your investments.
You wish to choose your own investments.
You enjoy spending time researching the market and managing your investments.
You intend to start taking money from your pension within the next 5 years.
You already have a Vanguard Managed ISA.
The cost of investing
How much you’re charged depends on the value of your invested balance, type of account and the fund charges.
Our fees
|
Any balance |
Account fee
|
0.15% per year (max £375 per year) |
| Fund management fee | 0.17% per year on average |
| Management fee | 0.30% per year |
You can find our fund management fee for each fund on our fees and charges page.
What this could mean for you if you invested:
If you invested £10,000 in a Managed Personal Pension
Account fee £15 per year |
+ |
Fund management fee £17 per year |
+ |
Management fee £30 per year |
= |
Total £62 per year |
- These examples are only to give you an indication. We’ve used an average fund management fee, which may vary depending on your portfolio.
- Your account fee may be different where you have both managed and self-managed accounts. Find out more about our account fees
If you invested £10,000 in a self-managed pension
Account fee £48 per year |
+ |
Fund management fee £28 per year |
= |
Total £76 per year |
These examples are only to give you an indication. We assume you invested into one of our Target Retirement Funds. We’ve shown average fund management fees, which may vary depending on your portfolio.
Why is the account fee different for our Managed Personal Pension?
We’re committed to helping individuals throughout their investment journey – from getting started to achieving their lifetime goals. For our Managed Personal Pension service, we keep our costs as low as we can to give more people a helping hand with investing their money.
Prefer to do it yourself?
Build your own portfolio
If you're a hands on investor, you can build your own portfolio using our individual funds. You can choose from a wide range of fund types to suit your investment style and attitude to risk.
Pick a ready made portfolio
Keep things simple and pick one of our ready made portfolios. Each portfolio balances risk and reward by mixing bonds and shares. Pick the one that suits your goal and attitude to risk.
Important things to know
You can transfer as many pensions as you like to us once you’ve opened your account.
But you cannot transfer a pension that you’ve already started taking money from.
When this happens, you’ll still have a Personal Pension, but you’ll need to choose your investments and manage them yourself. We do not currently choose and manage investments for pensions that are in drawdown.
You can discuss all your options for taking your pension with our pension specialists.
Have another question?
Search our FAQs, ask our chatbot or send us a message.
Go to help and supportImportant documents
Read these documents carefully before you apply to open an account or invest.
Regulated
We are authorised and regulated by the Financial Conduct Authority.
Secure
We keep your personal information and investments safe at all times.
Covered
We are covered by the Financial Services Compensation Scheme.