Investment providers often give cashback incentives for opening a new SIPP and funding your account, especially with a new tax year
Pensions typically hold a fair amount of money, so providers are keen to get you to invest with them or transfer your investments over to them. These offers mostly offer cashback when you open and fund a new account.
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Here at Be Clever With Your Cash, we’re not regulated to give you financial advice. We aim to give you the facts about a provider or investment but it’s up to you to decide if it’s suitable for you. If you’re looking for more personalised guidance, find a financial adviser who can give you specific advice. Remember that your capital is at risk when investing — don’t invest more than you are prepared to lose.
SIPP offers
These are offers to tempt you to sign up for a new SIPP or transfer existing ones. There may be a minimum amount you need to add in order to get the bonus, and sometimes the amount you’ll get will be determined by the amount you fund the account with. Remember, we’re just sharing offers here and not recommending any individual investment platforms, so do your research before applying.
SIPP offers
Customer rating
4.2/5
- Offerup to £3,000 cashback*
- Monthly fee£5.99 per month
- Trading fee£3.99 per trade
- Minimum deposit£0
- FSCS Protected? Yes
- Interest on uninvested cash 1.71%
- Investments available Shares, funds, exchange-traded funds, investment trusts, bonds, gilts, and sustainable funds. You can also choose ready-made portfolios
- Fractional shares No
- Trading fee £3.99 per trade for UK and US shares, funds and exchange-traded funds. Other international shares cost £9.99 per trade
- Foreign exchange fee 0.75%
- Transfer out fee None
- Fund fees If you invest in funds, you'll have to pay fund fees between 0.03% and 1.5%
- Fees The fees displayed here are based on the lowest plan, Core.There are three different plans: Core, Plus and Premium, all with different features and fees. Core costs £5.99 per month, Plus costs £14.99 per month and Premium costs £39.99 per month.
- Authorised and regulated by the Financial Conduct Authority Yes: FRN 141282
- Risk warning Capital at risk. The value of your investments may go up or down
- Offer You can get between £100 and £3,000 cashback when you open a personal pension by 31 October 2026. You need to deposit or transfer at least £20,000. The amount you'll get will depend on how much you deposit.
Customer rating
4.8/5
- Offer£0 platform fee and £0 subscription fee*
- Annual fee£0 with offer
- Trading feeVariable
- Minimum deposit£10
- FSCS Protected Yes. Your eligible deposits and investments may be protected by the Financial Services Compensation Scheme (FSCS). Protection is up to £120,000 per person, per firm. FSCS does not cover losses due to market performance.
- Interest on uninvested cash Yes (variable, see here for current rate)
- Investments available Quilter’s MyGoal funds
- Fractional shares Yes
- Trading fee Flat monthly fee
- Foreign exchange fee 0.40%. Other fees may apply.
- Transfer out fee None
- Fund fees Variable depending on the fund selected. See fund documentation for specific charges. Other fees may apply.
- Offer Open and fund a Quilter Invest account before 11:59pm on 30 November and receive £0 platform fee and £0 subscription fee. You need to use the code INVEST26 to get the offer. T&s apply. Other fees apply. Approved by Quilter Invest Ltd FRN 955775 25/09/2026
- Authorised and regulated by the Financial Conduct Authority Yes: FRN 955775
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What is a SIPP?
A self-invested personal pension is a type of pension that you can open and pay into yourself. You have the freedom to choose what you want to invest in.
We have a full guide on SIPPs where I’ve outlined all the reasons why you might choose to invest in a SIPP, the fees involved and compare the best SIPP providers.
