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Select SIPP

Take control of your retirement planning with our Select SIPP, which gives you the choice of investing in a wide range of investments with all the tax benefits of a personal pension.

Our Select SIPP is available through i.nvest, which enables you to access:

  • 1400+ funds
  • UK investment trusts
  • UK equities, including AIM securities and international equities
  • Exchange Traded Funds (ETFs)
  • UK government gilts and fixed interest securities
  • Convertibles, debentures and loan stocks
  • Cash on deposit
  • Preference stocks

What are the main features?

  • Award-winning SIPP Provider
  • No set up fee
  • Low annual administration charge
  • No inactivity fees
  • Accepts contracted out transfers
  • Full income withdrawal options, including flexible drawdown
  • View valuations, produce statements, trade and make secure requests online 24/7
  • Freedom to trade by phone if that works best for you

Award Winning Select SIPP

Readers of What Investment voted us Highly Commended for the Best SIPP Provider 2011.

What Investment Readership Awards 2011. Winners Select SIPP Alliance Trust Savings

Value of fund rebates

We pay 100% of fund rebates received from fund managers back to your Select SIPP. This could boost the value of your pension by £38,950 over 20 years.

Figure based on £100,000 being invested over a term of 20 years with an annual charge of £135+VAT and a fund Annual Management Charge of 1.50% with a rebate of 0.75% applying compared to a product that has no annual charge but retains the rebate. Four deals per annum are accounted for in the Alliance Trust Savings projections in comparison to a competitor model that does not charge for purchases and sells. Trades are assumed to be online and are charged at £12.50 per transaction. An annual growth rate assumption of 7% applies. The actual growth rate over the term will be dependent on investments chosen and performance and may be lower or higher than 7% which will determine the final value of the pension.

Trade through i.nvest in international equities with your Select SIPP

You can now trade international equities on i.nvest in international equities in a Select SIPP. You can find out more about trading in international equities by clicking here. We will also ask you to complete a registration form. You will get further information on the registration process in our how to register and trade page.

What is the minimum contribution?

The minimum contribution – whether it's a regular or single contribution – is just £50.

What are the charges?

We take pride in offering transparent charges and our fixed charges mean that you'll always know what you're paying and when.

There is no set up fee but there is an annual administration charge of £135 + VAT charged every 1 February. However if you only invest in Alliance Trust PLC shares your annual charge will be discounted. No discount applies on your first annual charge.

The charge for transferring in from another provider is £50 + VAT and the charge for transferring out to another provider is £125 + VAT.

You can find full details of our charging structure in our Schedule of Fees.

*Please note that our charges are subject to change and are not guaranteed.

How do I apply?

You can apply for a Select SIPP as long as you're over 18.

It's quick and easy to apply online with our i.nvest services. All you need to do is follow these simple steps:

  • Go to ‘Register’ at the top of this page
  • Confirm whether you are a new or existing customer
  • Read the online declaration and confirm that you agree to it
  • Click on Select SIPP
  • Complete your details

There's no need to make an investment decision right away, you can hold your money in cash on deposit until you reach a decision.

You'll receive your secure access codes within 3-5 working days, so you can manage your SIPP online whenever you like.

If you would like to fund and trade today, you will also need your Debit Card details.

If you prefer, you can apply by post – download and complete the Select SIPP Application form and return it to us at:

Alliance Trust Savings Limited
PO Box 164
8 West Marketgait
Dundee
DD1 9YP

Transfers

If you wish to consolidate pensions held with other providers into a single account with us, you will also need to complete the Select SIPP Transfer Details form.

We'll take care of everything for you by liaising with your existing providers and ensuring the transfer goes smoothly.

We can accept transfers from other Individual Pension arrangements you have or from Occupational Pension schemes. If you are considering transferring an Occupational Pension scheme, you should ensure you are not losing any benefits such as a guaranteed annuity rate and you should seek professional financial advice.

Risk Warnings

Please remember the value of your investments and any income from them can go down as well as up and you may get back less than the amount you originally invested. Tax rules may change in the future and taxation will depend on your personal circumstances. You normally cannot take an income from your pension until age 55.