A SIPP is a tax-efficient flexible pension that you control.
You receive income tax relief on money put into a pension. Find out more about the tax benefits.
Whether you invest in one of Fidelity's funds, or one from another manager, you will pay just two charges: the ongoing charges of the fund and our service fee.
The ongoing charges are the fees taken from the fund's assets by the fund manager to cover the cost of running and managing the fund. The service fee is paid to us, and covers everything we offer you, such as access to funds, accounts, investment articles and insights.
Example charges can be seen below.
Please note, this graphic represents a typical fund, but the actual breakdown of costs will vary between funds. For specific fund details, please see the relevant Key Investor Information Documents (KIIDS) provided with each fund.
* For more information on our service fee tiers and charging please click here
Please also refer to the "Charges and Expenses" section of The Fidelity SIPP Key Features Document.
Your SIPP Cash Account will be used to collect the service fee, which will be taken out on a monthly basis. If your cash account does not contain enough money to pay the fees, we will sell units in your largest fund holding to cover the costs.
Please remember the value of investments may fall as well as rise, so you may not get back what you invest. Eligibility to invest in a SIPP will depend on personal circumstances, and all tax rules may change in the future. Fidelity Personal Investing does not offer advice. If you are unsure of the suitability of an investment, you should speak to an authorised financial adviser.
Take a look at how much you might need when you retire with our easy-to-use retirement calculator.
We’ll then help you figure out a way to achieve that.