Compare personal pension providers in the UK. Check personal pension costs from popular providers and choose an account with the best investment portfolios, lowest costs, and best features for your needs.

Personal Pension ProviderWhat can you invest in this personal pension?Personal Pension ChargesMore Info

Interactive Investor Private Pension

Shares: Yes
Funds: Yes
Bonds: Yes
ETFs: Yes
Ready-made portfolios Yes
Account Fee: £9.99 monthly
SIPP Fee: £10 monthly
Dealing fee: £7.99
Exit Fees: £0
Minimum Investment: £1
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Special Offer: No SIPP admin fees for 6 months when you open a SIPP (saving £60)

PensionBee

Shares: No
Funds: Yes
Bonds: No
ETFs: No
Ready-made portfolios Yes
Account Fee: 0.5% yearly
SIPP Fee: £0
Dealing fee: £0
Exit Fees: £0
Minimum Investment: £1
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Moneyfarm

Shares: No
Funds: No
Bonds: No
ETFs: No
Ready-made portfolios Yes
Account Fee: 0.35% yearly
SIPP Fee: £0
Dealing fee: £0
Exit Fees: £0
Minimum Investment: £1,500
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Nutmeg Investments Pension
Shares: No
Funds: Yes
Bonds: No
ETFs: No
Ready-made portfolios Yes
Account Fee: 0.75% yearly
SIPP Fee: £0
Dealing fee: £11.95
Exit Fees: £0
Minimum Investment: £500
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IG SIPP

Shares: Yes
Funds: Yes
Bonds: Yes
ETFs: Yes
Ready-made portfolios Yes
Account Fee: £24 quarterly
SIPP Fee: £205 yearly
Dealing fee: £3
Exit Fees: £0
Minimum Investment: £1
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Your capital is at risk

Hargreaves Lansdown SIPP

Shares: Yes
Funds: Yes
Bonds: Yes
ETFs: Yes
Ready-made portfolios Yes
Account Fee: 0.45% yearly
SIPP Fee: £0
Dealing fee: £11.95
Exit Fees: £0
Minimum Investment: £100
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Personal Pension FAQs:

A personal pension helps you save for retirement. By making regular contributions to a pot which is usually invested on your behalf, you can build up a fund to provide income when you are no longer working full time. Contributions to pension funds are entitled to tax relief. You can pass management of your pension fund to a provider or you can have some control of the investments in a self-invested personal pension. In either case the value of your investment can go down as well as up and you are responsible for the risk.
Anyone can pay into a personal pension, and you can contribute to other people’s and they can pay into yours. For example, grandparents can pay into a child’s pension or spouses can contribute to one another’s. You can set up a personal pension whether you are self-employed, employed or not working. Contributions can be made monthly or as one-off sums.
Costs vary depending on providers and the kinds of pension product. It is important to understand the charges as these will detract from your final retirement pot. Annual management charges cover running your pension and can be as high as 2% but increased competition has pushed these down to as low as 0.4%. There can be additional service fees, too. Exit fees are charged if you leave and these vary hugely. You may also pay a platform fee and a contribution fee. Always check fees carefully and compare providers.
The annual allowance is set at £40,000 and you or your employer can pay this in. After this point the tax relief no longer applies. If you are already drawing from your pension, the amount you can contribute reduces to £4,000.

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