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Self-Invested Personal Pension
With our SIPP, you choose where to invest and control your own investment strategy and financial future.
Benefits include...
- Tax relief: Save more with immediate tax relief on your contributions.
- Complete control: You decide - from how you invest, to how you take your pension.
- Wide investment choice: Invest in shares, bonds, gilts, and more, including our Start-Up Fund.
- Currently for existing Halifax customers only. It's easy to become a customer, open an account today.
For customers with an existing account administered by AJ Bell (opened before 25th October 2024), see how to manage your account.
Why choose a Halifax SIPP?
Competitive administration charge
0.25% annual SIPP admin charge on investment value (capped at £16.50 a month), with no transfer or drawdown charges.
Keep track on the go
Track your pension anytime, anywhere, using the app, just like you do with everyday banking.
Helping hand
Use our investment tools and analysis to make your own choices, or check out our Start-Up Fund which offers a packaged solution, targeting your planned retirement age.
Flexible contributions
Make regular or one-off contributions from as little as £1. If you’re a limited company director, you can also make employer contributions from your business.
Why should I invest in a SIPP?
Combine your pensions
Combining old pensions is another way to grow your pension pot. And could cut your overall charges and admin – making it cheaper and easier to see how your money’s doing. Find out more to help decide if this might be right for you on our combine your pensions page.
What charges do I pay?
It’s important that you understand what you will pay. Below are our dealing commission and account charges, but you should read our Charges page for the full details.
|
Types of charges |
What you'll pay |
|---|---|
|
Types of charges Annual SIPP admin charge |
What you'll pay 0.25% of the value of your Investments (charged monthly up to a maximum of £16.50 a month) |
|
Types of charges Online UK trades |
What you'll pay £9.50 |
|
Types of charges Online fund trades |
What you'll pay £9.50 |
|
Types of charges International trades |
What you'll pay Free (1.25% exchange rate applies) |
|
Types of charges |
What you'll pay Free |
It’s important to remember that you may also pay government taxes and levies depending on the investment you choose and your circumstances.
Before you apply
Make sure you’ve read the key features document (PDF, 205KB) and terms and conditions (PDF, 278KB).
To apply, you must:
- be age 18 to under 75
- be a UK resident and UK taxpayer
- not be a US person.
If you’re transferring, make sure any old pensions:
- are from a UK-based provider
- have not already entered into drawdown. For example, you’ve not taken an income or a tax-free lump sum from them
- don’t have any valuable features or guarantees that you’d potentially lose upon transferring.
You’ll need your National Insurance number and, if transferring, the provider’s name, policy number and value of each pension.
Apply for a Self-Invested Personal Pension (SIPP)
You'll need to be registered, or be able to register for online banking to apply for the account.
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Important legal information
Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.
Halifax is a division of Bank of Scotland plc. Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh, EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.
