Vanguard’s aim is to bring value to investors and our reputation for doing just that is growing in the UK.

It’s why we’ve just been named a Which? Recommended Provider for our self-invested personal pension (SIPP) for the third straight year – having already been named a Which? Recommended Provider for our investment platform for a fourth consecutive year.

Being recognised by Which? is something we’re proud of, not least because these decisions are based on feedback from you, our clients, as well as a panel of Which? experts.

The Vanguard Personal Pension has an annual account fee of just 0.15%, capped at £375 per year. This covers any individual savings accounts (ISAs) and general investment accounts that you hold with us too. One account fee covers it all.

Combine the account fee with the low costs of our range of investment funds and it’s, we think, a compelling package for all pension needs – whether you’re building towards retirement, close to retirement or already retired.

As Which? said: “Vanguard only launched its Sipp in 2020, but its low fees… and simple charging structure have quickly won customers over.”

With the Vanguard Personal Pension you get all the flexibility you would expect from a SIPP — including the right to access your funds from as early as aged 55 (rising to 57 in 2028).

There are also different ways you can access your Vanguard SIPP once you retire. When it’s your turn, we’ll give you a helping hand to guide you, so you’re fully comfortable with your choices. It’s all explained here.

There are no exit fees either if you subsequently decide to leave us. But then, why would you even want to when you can make your pension investments go further with Vanguard’s low-cost funds and SIPP, by keeping more of your return for yourself?

If anything, there’s more reason to combine your disparate pensions with us, not least the different workplace pensions you may have accumulated over the course of your career. Consolidating your funds in this way can give you greater control and visibility over your retirement money.

Just one word of warning, though: it may not be appropriate to consolidate your pensions in all cases, especially if you have ‘defined benefit’ or ‘final salary’ schemes. So, if in doubt, talk to a financial adviser first.

The Vanguard SIPP gives you flexibility and control over your retirement funds. It also brings value to pension investors. But don’t just take our word for it; ask Which?

Investment risk information

The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.

Eligibility to invest in a Vanguard Personal Pension depends on your individual circumstances. Please be aware that pension and tax rules may change in the future and the value of investments can go down as well as up, so you might get back less than you invested. You cannot usually access your pension savings or make any withdrawals until the age of 55.

If you are not sure of the suitability or appropriateness of any investment, product or service you should consult an authorised financial adviser. Please note this may incur a charge.

Important information

If you have any questions related to your investment decision or the suitability or appropriateness for you of the product[s] described in this article, please contact your financial adviser

This article is designed for use by, and is directed only at, persons resident in the UK.

The information contained in this article is not to be regarded as an offer to buy or sell or the solicitation of any offer to buy or sell securities in any jurisdiction where such an offer or solicitation is against the law, or to anyone to whom it is unlawful to make such an offer or solicitation, or if the person making the offer or solicitation is not qualified to do so.  The information in this article does not constitute legal, tax, or investment advice. You must not, therefore, rely on the content of this article when making any investment decisions.

Issued by Vanguard Asset Management Limited, which is authorised and regulated in the UK by the Financial Conduct Authority.

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