Compare UK Pension Services
Compare pension services for self invested pensions (SIPPs) where you can pull your existing pension plans into one place.
Lost track of old pension plans? Service for tracking down plans from previous employments.
Annuity service if you are looking to buy a guaranteed income from your pension pot.
Looking To Retire At Age 55? FREE Guide
FREE Guide – Retiring Early!
8 tips for an earlier, wealthier retirement
Transforming that dream into a reality doesn’t come cheap, how could you afford it? Once you have paid off debts, like it or not, the answer is likely to depend on your pension.
Straightforward guide provides eight tips that could help you to retire earlier than you thought, including:
- The simple formula for how much you should consider investing each month
- How to boost existing pensions
- Understanding the options available at retirement (including the new rules)
This guide is not personal advice. Please remember tax rules can change and the value of the tax benefits will depend on your circumstances. The value of investments can fall as well as rise so you could get back less than you invest. Pensions cannot usually be withdrawn until age 55 (increasing to 57 in 2028).
Self Invested Pension
Take Control of your pension!
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.- Low cost award winning pension – Fixed fee plan keeps costs down over long term
- Investment choice – Choose from more than 40,000 investments
- Ready made funds and investment ideas – Making it easy to select investments
- Expertise – Research, ideas, and updates to help you with your investment decisions
Compare Self Invested Pension Providers
A low cost award-winning SIPP that gives you a choice of over 40,000 investments; Selected funds; Ready made portfolios.
Sipp fee: £5.99 pm – assets up to £50,000, £12.99 pm – assets over £50,000
Offering commission-free DIY investing from a choice of 700 ETF’s, or low-cost professionally managed income or growth portfolios built for you
Sipp fee: 0.15% for your InvestEngine SIPP, capped at £200 per year, plus the costs of your investments — commission‑free for our DIY portfolios, or add a Managed portfolio for 0.25% a year
Build your investment portfolio from over 12,500 investments, from stocks and shares, funds, ETFs and more
Sipp fee: Low platform fee is a maximum 0.30%
A wide choice of investments, including over 2,000 funds, shares from 25 markets, ETFs, investment trusts and more
£0 – £250k: 0.25%
£250k – £500km: 0.1%
Over £500k: FREE
Over 11,000 investments to choose from including funds, investment trusts, ETFs, company shares, bonds and more.
£0 – £250k: 0.45%
£250k – £1m: 0.25%
£1m – £2m: 0.10%
Over £2m: FREE
Thousands of funds to choose from; Select 50 – Browse a list of expert picks. Pathfinder – Risk profiled fund options. Investment Finder – Search 1000s of investment ideas.
Less than £25,000: 0.35% if you have a regular savings plan or £90 (£7.50 a month) if you don’t
£25,000 or more but less than £250,000: 0.35%
£250,000 or more but less than £1 million: 0.20% – and you will automatically qualify for Fidelity’s Wealth Management Service benefits
£1 million+: 0.20% a year for the first £1 million and no service fee for investments over £1 million
Annuity Services
Pension Finder & Transfer Service
There are no tables for this criteria
Annuities
Annuities, in their simplest form, are a promise of a regular income for the remainder of your lifetime in exchange for an initial lump sum. Essentially, you are buying yourself an open ended income for a known initial lump sum payment.
Of course, the annuity market is constantly developing and whereas the original annuity was a fixed payment for the remainder of your lifetime, now it is possible to receive an annuity which increases each year in line with inflation (or indeed by a fixed percentage) and annuities which may only be paid for a certain amount of time.
There are now many different types of annuity from which to choose and many companies operating in this very competitive market which makes it important that you compare annuities to ensure that you obtain the most competitive rate. Many types of annuities have been developed for specific purposes and so by their very nature will be most suitable, if not the only option, given certain circumstances.
For the majority of people, their main exposure to annuities will be through their pension scheme, whether this is a personal pension scheme or one provided by their company. Pension annuities, also known as compulsory purchase annuities, will be payable for your lifetime and the amount that you receive will be dependent upon a number of factors, namely:-
- The accumulated fund value
- Your age at retirement
- Your sex
- Whether you would like an income paid to your spouse after your death and if so, their sex and age
- Whether you are happy to have a higher initial income which remains level throughout your life or wish to build in an element of inflation proofing which will mean receiving a lower initial income
Importantly, annuity rates themselves fluctuate according to interest rates, gilt yields and life expectancy.
Different types of annuities are taxed in different ways so that pension annuities will normally be taxed as income, whereas an annuity effected for investment purposes may well be payable partially tax free.
It is important to note that once an annuity has been purchased, it cannot be amended or encash or assigned to another party. In the majority of cases, annuities are payable for your lifetime and will cease on your death unless you have included a widow/widower’s pension or a minimum guaranteed period.
10 COSTLY PENSION MISTAKES
10 Costly Pension Mistakes Millions of Britons Make
- How to discover if your pension will be enough
- What ‘free money’ most private sector workers miss out on
- How to get a share of £41 billion from the taxman
- How to benefit from the pension freedoms and avoid the traps