- Experts commend interactive investor Pensions for its extensive investment options and flat-fee structure, which is particularly beneficial for larger pension pots. They highlight the platform's low-cost nature and excellent educational resources, while noting that the fixed fees may be less advantageous for smaller accounts. Overall, the service received a perfect rating of 5.0/5 across multiple criteria, including pricing and customer service.
- Across 1125 user reviews on Good Money Guide, averaging 4.3/5, customers frequently praise the platform's wide range of investment options and user-friendly interface. Many users appreciate the flat-fee structure, which they find beneficial for high-volume trading. However, there are notable criticisms regarding rising fees, customer service responsiveness, and some technical issues with the platform's functionality.
interactive investor Pensions Expert rating
Our expert rating is the average of the areas listed here, each scored out of 5 by our team.Our experts have rated interactive investor Pensions across five key areas of our review framework.
- Pricing5.0
- Market Access5.0
- App & Platform5.0
- Customer Service5.0
- Research & Analysis5.0
Pros
- Huge range of investments
- £1 minimum deposit makes it easy to get started
- Fixed SIPP account fee that does not increase with your investments
Cons
- Fixed fee expensive for small accounts
See full expert review
Our verdict
Interactive Investor offers the most investment options in the UK SIPP markets. With II you can invest more than 40,000 domestic and international shares, ETFs, bonds and over 3,000 funds (AJ Bell has 2,000 and HL offers 2,500 funds).
Is Interactive Investors' SIPP (pension) any good?
Yes, interactive investor won "Best SIPP Provider" in the 2025 Good Money Guide Awards. ii has a really good pre-selected fund section, which makes crucial SIPP asset allocation decisions much easier. It's very low cost too, with excellent education and research, and a huge range of investments to choose from.
The key advantage of interactive investor’s SIPP is that it has a flat-fee structure. This means that annual account charges do not increase as your pension pot grows in size. This structure can help those with larger SIPP portfolios save on fees, however it can be a little expensive for small pensions if you are just starting to invest for your retirement.
For smaller pension pots, those that just want to invest in ETFs, InvestEngine offer a free SIPP, but it is limited to just UK-listed ETFs, so you can't buy individual shares. One of the good things about ii's SIPP is that you can buy bonds, gilts, and shares in small and large UK and international companies.
Even though ii charges £3.99 for buying funds. If you compare this to Hargreaves Lansdown, which does not charge for buying and selling funds, but HL SIPP fees are higher. If you have £100,000 in your SIPP with ii you'd pay £71.88 a year, versus HL where your fees would be £450.
So, if you have a big pension, is it worth moving it to ii? Well, yes at the moment, as interactive investor claim their SIPP pricing can give you an additional £68,467 towards your pension after 30 years compared to HL. Plus, if you transfer your SIPP to ii before 31st August, you can claim up to £2,000 in cash back.
Of course, you’ll need to add cash or start a transfer of a minimum value of £10,000 to qualify for your cashback reward. Terms apply.
Customer reviews for interactive investor
Customer ratings come from reviews left on this site. Every review is read and approved before it is published.Based on 1,125 reviews
- Excellent51%
- Very good33%
- Basic10%
- Poor4%
- Bad2%
Read customer reviews
Good value, comprehensive platform
Good value, comprehensive platform
Trusted great service
Trusted great service
Very good value
Very good value
Excellent platform with great services...
Excellent platform with great services at an ecellent fixed price.
Very good. Clear and easy...
Very good. Clear and easy to use.
Goid
Goid
Good affordable trading platform. Not...
Good affordable trading platform. Not a particularly good or intuitive interactive experience though.
Receive regular emails on stocks...
Receive regular emails on stocks and funds, links to vote on companies held. Reasonable trading charge, usually better trade price and quick. Easy to use.
No issues
No issues
Very good set up
Very good set up
Safe, easy to use and...
Safe, easy to use and not expensive.
Good value paltform for holding...
Good value paltform for holding and trading shares
Excellent value
Excellent value
So so
So so
does what it says.
does what it says.
Great for managing all Accounts...
Great for managing all Accounts in 1 place. Good value.
In my experience this platform...
In my experience this platform has worked well and is reasonably priced.
Very good
Very good
Fairly easy to navigate the...
Fairly easy to navigate the app. Charges are reasonable and customer response times good
Simple, low cost, stable, reliable,...
Simple, low cost, stable, reliable, foreign stocks not so good
UK SIPP investors can earn £100 to £3,000 cashback when switching to interactive investors‘ flat-fee SIPP (Self-Invested Personal Pension). To qualify, you must open a new SIPP and deposit or transfer at least £20,000 into the account. The cashback amount increases depending on how much you transfer or contribute. The promotion runs until 31 January 2026, and terms, conditions, and pension fees apply.
What is an ii SIPP?
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
