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Open a SIPP

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Important information

Please remember the value of your investments and any income from them can go down as well as up. The value of your fund may be less than you paid in.

Before you choose a SIPP make sure you understand its aims and risks. Alliance Trust Savings does not give advice. If you are unsure whether our SIPP is suitable for you, of the risks and commitments of investments and or of how much income to take and when, you should seek professional financial advice specific to your particular circumstances.

Before initiating a transfer you should seek professional advice on the merits of the proposed transfer that is specific to your circumstances. Your existing pension may have valuable benefits which you might lose when you transfer.

Laws and tax rules may change in the future without notice. The information here is our understanding in January 2017. This information takes no account of your personal circumstances which may have an impact on tax treatment.

Related documents

Visit our dedicated SIPP literature page.

Three easy steps to open a SIPP

  1. Use our savings calculator to help work out how much to pay in.

  2. Go to the Investing Hub to research your investment choices.

  3. Apply online now.

IMPORTANT! Read the SIPP Key Facts and our Charges Guide for all the details before you make up your mind if our SIPP is right for you. You might also want to read our Pension section.

Apply now

Who is eligible?

You can open a SIPP with Alliance Trust Savings if you are over 18 and:

  • have earnings that count for UK income tax; or

  • are resident in the UK at some point during the tax year; or

  • want to make a transfer from another registered pension scheme

We don’t accept applications by or on behalf of any US Persons.

Are you getting the most out of your pension savings? Read our new guide to take you through the main points you need to consider.

Read the guide

What types of pensions can I transfer to my SIPP?

“We currently accept cash transfers from most types of pensions, including:

  • Personal Pensions and SIPPs (from other providers) including those you are already taking an income from through flexi-access drawdown

  • Pensions you’ve saved into at work, as long as they are Defined Contribution (also known as money purchase)

  • Retirement Annuity Contracts

  • Protected Rights pensions that you used to contract out of the Second State Pension

  • Additional Voluntary Contributions and Free Standing Additional Voluntary Contributions

  • Executive Pension Plans


If you want to transfer benefits from a defined benefit scheme (often known as final salary or career average schemes); and in some other circumstances (for example if you have a guaranteed annuity rate) then you’ll HAVE to get financial advice first, unless the total value of the transfer is less than £30,000.

I’m interested. How do I transfer?

  • Open a SIPP Account (if you don’t already have one)

  • Print, complete and sign a Transfer Form for each pension provider you want to transfer from (we need your physical signature to arrange things).

  • Or call us on 01382 573737 (8am to 5pm Monday to Friday) and ask us to send you the forms if you’d prefer. Calls may be recorded for training and security purposes.

  • Send your completed and signed forms to: Client Service Team, PO Box 164, 8 West Marketgait, Dundee, DD1 9YP

  • Sit back. We’ll do the rest.

Need advice?

We offer an 'execution only' service, meaning we only do what you ask us to do. If you need advice you should consult a financial adviser.

Find a financial adviser in your area:


How much could your SIPP be worth?

Use our savings tool to work out how much you might be able to save for retirement.
Use our savings tool

savings tool

Alliance Trust Savings Limited is a subsidiary of Alliance Trust PLC and is registered in Scotland No. SC 98767, registered office, PO Box 164, 8 West Marketgait, Dundee DD1 9YP; is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, firm reference number 116115. Alliance Trust Savings gives no financial or investment advice.