Welcome to the ii SIPP

Our Self Invested Personal Pension combines all that is good about ii’s great value, flat fee pricing and wide investment choice with expert SIPP administration from our partners, Barnett Waddingham. Plus, you’ll have access to 17 international markets and the ability to hold, and trade, in up to 9 currencies.

Open an ii SIPP - start here

Why choose ii for your new SIPP?

Designed for those who want to plan ahead for their retirement by selecting and managing their own investments, our SIPP gives you the control you want with great value and efficient investment services:

  • A simple, flat, SIPP administration fee of just £100 (+ VAT) pa
  • No set-up fees
  • Free to transfer existing pensions into your SIPP
  • Apply online and be up and running in just a few minutes
  • Make personal contributions and set-up your regular direct debit online
  • Full range of options when it comes to drawing pension benefits
  • Online access to important SIPP documents and functions
  • Allied to ii’s highly rated, experienced investment administration, efficient trading and helpful customer service
  • Great value administration and trading – see our new price list

While it is a benefit that you can hold your cash in nine different currencies in our SIPP, it is worth remembering that the value of international investments may be affected by currency fluctuations, which might reduce their value in sterling. We may receive two elements of commission in relation to international dealing - Trading Commission and our FX Charge. See our Rates and Charges for full details of the relevant costs.

The ii SIPP is best suited to investors who have sufficient knowledge and experience to make their own investment decisions. It does not include assets that are not available via the stock market, such as direct investment in commercial property. We do not provide investment or tax advice so if you’re not sure whether a SIPP is right for you, we recommend you seek independent advice from a qualified adviser.

Important SIPP documents

Before you apply for the new ii SIPP there are some important documents you’ll want to review:
We’ll ask you to confirm you’ve read and accept these as part of your application.

Get a free 12 month subscription to Money Observer

If you choose to open a SIPP before the 5th April 2018 we’ll give you a free 12 month subscription to Money Observer (worth £69.00) to say thankyou.

Each month you'll receive:
  • A round-up of all the latest investment and market news
  • Expert views on which shares, funds, regions and strategies are expected to deliver top returns
  • Regular free supplements on the best funds, trusts and investment themes to follow
  • A unique databank of all funds and investment trusts, plus key investment ratios
  • Reports on Money Observer's highly successful model portfolios.
This offer is available for new ii SIPPs opened between 2nd January 2018 and 5th April 2018 only. We'll send you your first copy of the magazine in the next calendar month after your SIPP has been opened. The offer applies to UK postal addresses only.

Our SIPP provider, BW SIPP LLP, is part of the widely respected Barnett Waddingham group.

They have been administering SIPPs since 1999 and their team is committed to providing excellent service using a breadth of administrative skills, supported by the latest technology.

Ratings specialist AKG, an independent actuarial consultancy, rate their overall financial strength as “Strong”. They have twice undergone the rigorous Investor in Customers assessment and twice been rated “Outstanding”.

Barnett Waddingham was founded in 1989, and has grown to become the UK’s largest independent provider of actuarial, administration and consultancy services, with some 850 employees operating from offices in seven locations around the UK.

The investments made within the SIPP can fall as well as rise and you may end up with a fund at retirement that's worth less than you invested.

Like all pensions, the treatment of tax depends on individual circumstances and may change in the future, and you need the necessary experience and knowledge to understand the product features explained in the Key Features Document which you'll see when applying. You’ll also need to understand the pension projections and effects of charges set out in the Key Features Illustration.

We have over 20 years' experience of helping people invest online and are regulated by the Financial Conduct Authority. 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). You can read more about how your assets are held here. With secure customer log in and encrypted data throughout, we provide a service you can rely on.

knowing the risks

A SIPP is a type of personal pension, best suited to those who wish to make their own pension investment decisions. Please be aware of the risks involved. The value of investments, and any income from them, can fall as well as rise so you could get back less than you invest. You can normally only access the money in a pension from age 55 (57 from 2028). Tax treatment depends on your individual circumstances and may be subject to change. If in any doubt as to whether a SIPP is right for you, we recommend you seek independent advice from a qualified adviser.