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Self-Invested Personal Pension hero

Self-Invested Personal Pension

Opening the doors to a better retirement

A self-invested personal pension (SIPP) is different to a traditional pension. Instead of limiting your investment options, a SIPP opens the doors, giving you more choice in how you invest your money.

Like other pensions, the government will still give you up to 46% tax relief on the amount you pay in. Once your money is in a SIPP, you won’t have to pay tax on any gains or income your investments make.

The HL SIPP

A self-invested personal pension (SIPP) is different from a traditional pension. Instead of limiting your investment options, a SIPP opens the doors, giving you more choice in how you invest your money.

You’ll have more freedom, but it also means you’ll be responsible for your own investment choices, so it may not be the right pension for everyone.

Like other pensions, the government will still give you up to 45% tax relief on the amount you pay in. Once your money is in a SIPP, you won’t have to pay tax on any gains or income your investments make.

Why choose the HL SIPP?

  • Security - We’re a FTSE 100 company and the UK’s biggest SIPP provider
  • Control - Check your pension whenever you like, online and with the HL app
  • Support - Our Pensions Helpdesk is on hand to answer your questions six days a week
  • Expertise – We provide research, ideas, and updates to help you with your investment decisions

HL SIPP charges

The HL SIPP is free to set up and low cost to run. Our yearly charge for holding investments is never more than 0.45%. Some investments have their own annual charges, and we are often able to offer market-leading discounts on these.

It’s free to buy and sell funds. Other dealing charges depend on the type of investment and how often you trade.

View all SIPP charges

Annual 0.45% account charge

How much can you add to your pension?

If you’re a UK resident under 75, you can usually pay in as much as you earn, up to £40,000 a year, and get tax relief. You may be able to pay in more than £40,000 if you have unused allowance from previous years.

Learn more about paying into your pension

Up to £40,000 a year

Start an HL SIPP

You can start your SIPP from as little as £100 one off, or £25 a month.

You can start, stop, increase and decrease your pension contributions whenever you like.

Start your SIPP

Transfer a pension to the HL SIPP

There’s no charge for transferring a pension to Hargreaves Lansdown, but please check you won’t lose valuable benefits or incur excessive exit fees first. There’s just one simple form to complete and we’ll take care of the rest, including contacting your current provider for you.

Learn more about transferring

Add money to your SIPP

Add money now

Please read the SIPP key features (including the contribution checklist) before adding money.

To add money with a debit card online or using the HL app, log in to your account and under ‘Actions’ choose ‘Top up’. Then follow the instructions to enter your debit card details and make your payment.

You can also call us on 0117 980 9897 to top up your SIPP.

Set up a Direct Debit from £25 per month

Please read the SIPP key features (including the contribution checklist) before adding money.

Invest monthly into your choice of funds with no dealing charge. If you would like to invest monthly in shares and selected investment trusts & exchange-traded funds (ETFs), the dealing charge is £1.50 per stock.

You can start, stop, increase and decrease your Direct Debit whenever you like. Log in to your account and choose the ‘Monthly savings’ tab to get started.

Transfer a pension to the HL SIPP

There’s no charge for transferring a pension to Hargreaves Lansdown, but please check you won’t lose valuable benefits or incur excessive exit fees first. Clients can start the transfer process online by logging in to their accounts. Otherwise, you just complete one simple paper form. We’ll take care of the rest, including contacting your current provider for you.

Learn more about transferring

Latest SIPP investment ideas from our experts

There are thousands of funds out there, but we believe some have more potential than others. Our team of experts has highlighted three funds they feel give promising investment opportunities for SIPP investors.

Find out what you can invest in

Hargreaves Lansdown Multi-Manager funds are managed by our sister company HL Fund Managers Ltd. The Lindsell Train Global Equity fund currently has a holding in Hargreaves Lansdown plc.

HL Multi-Manager Asia & Emerging Markets

Our favourite funds investing in higher-risk Asia and emerging markets in a single investment, looked after by our expert team. We monitor the funds and make any changes on your behalf.

Read review


Man GLG Japan CoreAlpha

One of our favourite ways to invest in Japan. It’s managed by Stephen Harker, one of the UK’s most experienced investors in Japanese shares.

Read review


iShares Japan Equity Index

For investors who want to invest in a broader range of Japanese companies, this fund aims to track the performance of the FTSE Japan index.

Read review

What can you invest in?

In the HL SIPP you can invest for your retirement by choosing from:

  • Over 2,500 funds
  • UK and overseas shares
  • Bonds, investment trusts, and exchange-traded funds (ETFs)
  • Ready-made investment portfolios built by our experts

SIPP investment ideas

Taking money from your pension

Money in your pension is locked away until you’re 55 (57 from 2028). But any time after that, you can start to withdraw money, even if you’re still working.

Learn more about your retirement options

New to SIPPs?

Have a look at our Guide to SIPPs to find out more about how SIPPs work and how to get started.

I’ve found all my involvement with Hargreaves Lansdown to be superb. I actually think the whole platform works exceptionally well and I frankly wouldn’t hesitate in recommending the company to anybody.

MR HASTINGS, Devon

Awards

Online Personal Wealth Awards 2016 - Best investment platform

BEST SIPP PROVIDER 2007-2016
What investment


BEST ONLINE SIPP PROVIDER 2017
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