What is the Best SIPP?
The Best SIPP is our low-cost personal pension. You get the same tax benefits as other pensions with more freedom and choice over your retirement investments. Plus, you can manage your pension online or via the app around the clock.
Benefits of the Best SIPP
Low fees
Pay as little as 0.2% a year for Ready-made Portfolios or 0.4% for other investments, with no account set-up fees and free fund dealing.
Choose how you invest
Pick from thousands of investments, get inspiration from our guides and articles or opt for a Ready-made Portfolio.
It’s easy
You can access your online account around the clock and call our UK-based experts if you need any help.
Our SIPP has a minimum service fee of £10 per month (£120 per year), excluding Junior SIPPs.
Before you consider transferring a pension, it is important to ask yourself: Will I lose any valuable benefits or features from my existing pension plan? Will I incur any penalties on my existing pension if I transfer? Is it an occupational final salary pension scheme? (in which case it is very unlikely to be advisable to transfer) Have I considered the charges on my current plan? (a new arrangement may be more expensive – especially if you have a stakeholder pension).
Your investment options
You can choose from 1,000s of funds, ETFs, investment trusts and nearly all UK shares. Alternatively, let our experts choose and manage your investments with a low-cost Ready-made Portfolio or invest with support: book a free session with one of our Coaches (they’re all qualified financial planners) or you can dig a little deeper and book a Portfolio Health Check (only available to existing Bestinvest clients).
Our low-cost SIPP fees
Our annual Best SIPP charges reduce as your pension grows in size:
Ready-made Portfolios and US shares
Browse our Expert and Smart range of portfolios.
| Account value | Annual charge |
| Up to £250,000 | 0.2% |
| £250,000 - £500,000 | 0.2% |
| £500,000 - £1 million | 0.1% |
| Over £1 million | No charge |
Other investments
Use our Investment search tool and get started.
| Account value | Annual charge |
| Up to £250,000 | 0.4% |
| £250,000 - £500,000 | 0.2% |
| £500,000 - £1 million | 0.1% |
| Over £1 million | No charge |
Why transfer your other pensions into the Best SIPP?
Consolidating your pension investments in the Best SIPP will make them easier to manage and review. Plus, with fewer pension providers you could save money in fees and will have less paperwork to deal with.
If your current pension providers charge you exit fees when you transfer, we will pay up to £500 to cover the costs (see our terms and conditions). Our team of specialists will then contact your current providers to arrange the transfers, and everything could be finished in as little as 15 days (or up to 12 weeks with some providers).
Thinking of opening a Best SIPP for a child?
Many people choose to open a Best SIPP for the children in their lives. A Junior SIPP may not seem like an obvious choice, but even small contributions can make a huge difference to their retirement finances over the long term. You can find out more about pensions for children or download our Junior SIPP application form.
Open a Best SIPP
Opening a Best SIPP online takes just a few minutes. Simply invest a lump sum, set up regular savings or transfer your other pensions. You can also print and send the paper application forms or contact our specialist SIPP team on 020 7189 9999 if you need some help.
