Take control of your retirement with a Self Invested Pension Plan
SIPPs are a tax-efficient way to save for your retirement - transfer in existing pensions or start contributing today from as little as £100 per month or a £500 lump sum.
Open and/or transfer pensions into our low-cost SIPP account and benefit from tax relief on your contributions and tax free investing.
SIPPs - What you need to know:
- Any UK resident under the age of 75 may contribute and receive tax relief
- The Government will top up your contribution with 20% in basic rate tax relief
- Higher-rate and additional-rate tax payers may claim up to a further 20% and 25% respectively back through their tax return
- You cannot claim more tax relief than your earned income
- Annual contribution allowance of £40,000 (dependant on earnings for the year)
- You may normally take retirement benefits from age 55
- You have control over your investments and contribution methods
- Flexibility to select the best ways to take your benefits at retirement
- If you need access to your cash sooner than 55, then consider a Stocks & Shares ISA
Open and/or transfer one or more pensions into our low-cost SIPP account as cash or stock.
Why open a SIPP?
A SIPP is a type of personal pension that offers the same tax benefits as other registered pension schemes. Although many other types of pensions limit your investment choice, the Charles Stanley Direct SIPP gives you control of where you invest offering access to over 3000 Funds, as well as UK and Overseas Shares, Gilts, Bonds, ETFs and Investment Trusts - you choose how, where and when to invest your money.
Benefits of Charles Stanley Direct
Award Winning UK Telephone Helpdesk
Supporting you on your journey to wealth.
Our low platform charge is 0.25% or less.
Consolidation of Existing Investments
You can transfer in and consolidate your existing investments and pensions, enabling you to have all accounts in one place.
Extensive Research and Analysis
Our dedicated analysts produce regular research notes and provide detailed advice on companies and sectors across the UK stock market.
Peace of Mind
Invest through an award winning FCA authorised and regulated company .
Fully-featured investment platform
Giving you control to tailor your portfolio quickly and easily.
What do our clients think?
Thank you, I must say, I find your firm's service and that of the Helpdesk in particular FANTASTIC. I speak with some knowledge of service industries as I spent my life in a service company, Reuters Limited.
Oxfordshire, May 2016
Your colleague provided some outstanding service - prompt, helpful and comprehensive advice. My experience to date of Charles Stanley has really been first class, I am very impressed - please keep up the good work when shortly I submit my form to you to transfer my Stocks and Shares ISA from Hargreaves Lansdown!
Lancashire, August 2016
The service was exemplary when I transferred my SIPP. I was kept fully informed throughout the process. The CSD team was also extremely friendly and helpful with my complicated financial requirements.
Kent, June 2016
I find the CS Direct website very efficient, well designed and easy to use. On the rare occasions when I have had any difficulty or a query, the staff have responded promptly and resolved the matter competently.
Southampton, July 2016
I’m a software engineer so I understand how difficult it is to design a system for a complex industry aimed at non-expert users. Your team have achieved a brilliant balance between usability and functionality and the website is a joy to use. Well done!
Glasgow, August 2016
I was looking for somewhere where I could bring my pensions into one place and make an ISA investment. I wanted a simple and great website, where service was key and price was obviously important too. Charles Stanley Direct were able to offer all of this.
London, July 2016
of our clients would recommend us to a friend.
of our clients think our service is good to exceptional
Data from 674 users surveyed between 01/04/2016 and 01/10/2016.
|SIPP Account Charge||£100 + VAT per annum||Please note: we will waive our SIPP charge if you have combined assets across the platform of £30,000 or more.|
|Platform Charge||0.25%||Our maximum annual platform charge for holding investments is 0.25%. For fund holdings (OEICs and Unit Trusts) the charge can fall as low as 0.05% per annum. For shareholdings the maximum charge is £240 per annum - but if you place 1 or more chargeable trades each month we won’t charge you anything to hold your shares.|
|Fund Trading||Free||We don’t charge for buying or selling funds.|
|Share Trading (Online)||£11.50||Each time you buy or sell a share we charge £11.50|
SIPP Account Charge
£100 + VAT per annum
Our maximum platform charge for holding investments is 0.25%. For fund holdings (OEICs and Unit Trusts) the charge can fall as low as 0.05% per annum. For shareholdings the maximum charge is £240 per annum - but if you place 1 or more chargeable trades each month we won’t charge you anything to hold your shares.
Free We don’t charge for buying or selling funds.
Share Dealing (Online)
Each time you buy or sell a share we charge £11.50
Clean priced funds - all funds purchased through us are clean priced and typically have no initial charge See our charges in full
Am I eligible to open a SIPP with you?
You will be eligible to open a SIPP account as long as you are a UK resident under the age of 75.
Can I take out a SIPP alongside other pensions?
Yes. You may contribute to as many pensions as you like simultaneously but please be aware of your personal contribution limits and the annual and lifetime allowances.
Can my employer/company contribute to my SIPP?
Yes. To set up and enable such contributions please contact the Helpdesk to request a SIPP Employer Contribution and Standing Order form.
What I can buy into my SIPP?
The following securities can be held in your SIPP;
- Funds, Unit Trusts and OEICs
- UK Equities listed on the London Stock Exchange (LSE) and the Alternative Investment Market (AIM)
- Investment Trusts and Real Estate Investment Trusts (REITs)
- Gilts & Bonds
- Permanent Interest Bearing Shares (PIBS)
- Exchange Traded Products
- Overseas shares listed on the main European US Canadian and Far Eastern Markets
You cannot buy property, Unregulated Collective Investment Schemes (UCIS), Options, Futures, Contracts for Difference, unquoted shares or Insurance company funds into the Charles Stanley Direct SIPP.