SIPP (Self Invested Personal Pension)
If you want to have complete control over your pension, a Self Invested Personal Pension (SIPP) could be ideal. You’ll have the opportunity to consolidate any of your pension schemes into a SIPP and invest as you wish just as with any other of our accounts. That's all with the tax benefits of a personal pension!
Plus, a SIPP gives you...
• Tax relief on contributions* to your personal pension - for every £100 you want to put into your plan, you only have to contribute £80, with the other £20 claimed back from the taxman.
• UK and international trading for just £5 commission
• A wide range of investment options
• Transfer an existing pension or run a SIPP alongside other pension provisions
• Plus your employer can make contributions directly to the SIPP
*UK Tax laws and individual personal circumstances can change.
If you're not sure how a SIPP would benefit you, please read our Why invest in a SIPP section.
Taking care of your own personal pension comes with responsibilities. It’s important to realise that the stock market doesn’t give guaranteed returns and as a result you could make a loss on your investment.
Useful Forms
• Additional Contribution Form [PDF]
• Application Form [PDF]
• Benefit Form [PDF]
• Benefits Guide [PDF]
• Carry Forward Guide [PDF]
• Direct Debit Form [PDF]
• Flexible Drawdown Declaration [PDF]
• Flexible Drawdown Guide [PDF]
• SIPP Transfer Form [PDF]
Switching to IWeb
With a low commission rate and no qualification period before trading, you may want to switch your SIPP to us from your current provider. It's easy to do - just read our switching information to get started.
Apply for an IWeb SIPP
If you’re thinking of applying for an IWeb Self Invested Personal Pension (SIPP), please make sure you’ve read, and taken the necessary steps to understand the risks and familiarised yourself with our charges. Please also ensure you have read our:
Share Dealing
Please remember the value of your investment can go down as well as up and you may not get back the full amount you invest.
We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor.