Fidelity SIPP

Retire the way you want to by investing in a simple to manage, tax-savvy private pension.

A Fidelity Self-Invested Personal Pension (SIPP) is a great way to start saving for your retirement. When you’re ready, our online guidance can help you understand more about your pension options, while our friendly UK-based experts at Fidelity’s Retirement Service can provide additional help, as well as formal financial advice around how best to draw your pension savings.

The value of investments can go down as well as up so you may not get back what you invest. Eligibility to invest in a SIPP or Junior SIPP depends on personal circumstances and all tax rules may change in the future.

You cannot normally access money in a SIPP until age 55. Pension transfers can be complex and some types of pension, in particular those with guaranteed benefits, such as defined benefit schemes and pensions with safeguarded benefits, are not eligible for this offer. Advised transfers and re-registrations are not eligible for this offer. Please read our pension transfer factsheet for more information.

Why choose Fidelity

What is a SIPP?

Video Transcript - What is a SIPP?

So what are self-invested personal pensions? Self-invested personal pensions or SIPPs are designed for people who want to take control over how their pension savings are invested. The investments in your SIPP will grow free of income tax and capital gains. You can invest with your own money, through your employer, or you can transfer from an existing pension. With SIPPs you decide how much you want to invest. Self-invested personal pensions give you the opportunity to invest in a range of assets; including unit trusts, shares, cash or open ended investment companies.

The great thing about a SIPP is that for every £800 a UK tax payer saves, the government gives you tax relief, effectively boosting your savings by £200, giving you a total contribution of £1,000. And if you are a higher rate tax payer, you may claim more tax relief through your annual tax return.

If you are considering transferring to a SIPP, it may be sensible to talk to an authorised financial advisor before making a decision.

Need help deciding how to invest?

Find a ready-made solution

Use our PathFinder planning tool to select a ready-made, diversified fund based on your preferred risk level in just three steps.


Get expert guidance

Choose from a list of top-rated funds hand-picked by our investment experts.

Select 50

Build your own portfolio

Explore our full range of investment options to find, filter and select your own combination of investments.

Investment Finder

These guidance tools are not a personal recommendation in respect of a particular investment. If you need additional help, please speak to a financial adviser. You should regularly reassess the suitability of your investments to ensure they continue to meet your attitude to risk and investment goals.

Clear and simple pricing

Our pricing has no hidden charges or fees, so you know exactly what you pay for and when you pay it.

Fidelity Personal Investing service fee

  • One flat-rate fee of £45 a year if you’ve got less than £7,500 invested—that’s only £3.75 a month; or 0.35% if you have a Regular Savings Plan (RSP) of £50 or over.
  • Or our standard service fee of 0.35%
  • Drops down to 0.2% if you’ve got more than £250,000
  • Children's accounts with less than £7,500 invested have a flat-rate of £25 a year—even if they hold more than one
Total value of investmentsService Fee (Annual amount or rate)
£0 to £7,499.99 £45 without monthly Regular Savings Plan
0.35% with monthly Regular Savings Plan
£25 for Junior ISAs/Junior Pensions
£7,500 to £249,999.99 0.35%
£250,000 to £1 million 0.20%
No further Service Fee is charged for assets held above £1 million
* Please note that the Service Fee will be charged on the entire portfolio.
For Exchange Traded Instruments including Investment Trusts, this is capped at £45.
There is no service fee for these investments held in the Fidelity Investment Account.

Bring your pensions together

If you’ve built up a number of pension pots over the course of your working life, bringing your pension plans together into the Fidelity Self-Invested Personal Pension (SIPP) could make them easier to manage.

Not to mention helping you keep an eye on costs and giving you access to a wealth of Fidelity guidance.

You can even track your transfer online, with the status of each request at your fingertips.

Start my pension transfer

Get some expert help

At Fidelity’s Retirement Service, our qualified experts are able to provide both guidance and more formal advice on all aspects of pension planning and retirement. The service we offer is based purely on getting you the best outcome for your personal circumstances. Contact us to find out more or explore some of your options below.

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The value of investments can go down as well as up, so you may get back less than you invest. This information is not a personal recommendation for any particular product, service or course of action. Pension and retirement planning can be complex, so if you are unsure about the suitability of a pension investment, retirement service or any action you need to take, please contact Fidelity’s Retirement Service on 0800 084 5045 or refer to your financial adviser.  Eligibility to invest into a SIPP or Junior SIPP depends on personal circumstances and all tax rules may change in future. Pension money cannot usually be withdrawn until age 55.