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Once your TD SIPP is set up you can pay single (one-off) contributions or regular contributions at any time subject to a minimum of £400 (net) for single contributions and £40 (net) for regular contributions.

You can receive tax relief on your personal contributions up to 100% of your earnings. For example, if your annual salary is £30,000 you can contribute £24,000 (net) into your TD SIPP. We will claim tax relief of £6,000 and this will be credited to your SIPP on receipt.

If you have no UK earnings, or are earning less than £3,600 a year you can still pay in contributions up to £2,880 (net) and we will claim tax relief of £720.

There is a limit on the contributions you can pay and receive tax relief. The annual allowance is currently £40,000.

How much you should contribute to your TD SIPP will depend on your circumstances and aspirations for your retirement.

Simple, Fast and Easy Contributions

With a TD SIPP you can contribute easily to your pension fund:

  • Your employer can contribute by direct debit
  • You can sell shares and buy them back into your TD SIPP (this is known as a Bed and SIPP)
  • You can set up a regular direct debit to pay into your TD SIPP from your bank account
  • You can easily make additional contributions online from your debit card
  • You can make a direct contribution from one of your other TD Direct Investing accounts (excluding Trading ISA)
  • You can invest in selected investment types on a monthly basis automatically within your TD SIPP with our Regular Investing option.

Understanding the Risks

The TD SIPP is aimed at customers who have sufficient knowledge and experience of investing to make their own investment decisions and want to actively manage their investments. The TD SIPP is not suitable for every investor. Other types of pensions may be more appropriate.

The investments made within a TD SIPP can fall as well as rise and you may end up with a fund at retirement that's worth less than you invested. You can normally only access the money from age 55. The tax treatment of SIPPs are based on individual circumstances and may change in the future.

Before applying for a TD SIPP you need to read the Key Features Document in Useful Downloads

Receiving Advice

Prior to making any decision about the suitability of a TD SIPP, or transferring any existing pension plan(s) into a TD SIPP we recommend that you seek the advice of a suitably qualified financial adviser. Neither TD Direct Investing or AJ Bell Management Limited are able to provide advice.

We can make payment for this advice on your behalf from within your TD SIPP. To do this please download and complete our Financial Adviser Charging Form

What you need to know before you open an account

Please make sure that you have read and understood all of the relevant documentation below.

Further details are also available in the Terms of Service which you should refer to before applying for an account


All investments carry a varying degree of risk. It's important that you understand the nature and risks of the different investments available through TD Direct Investing. You may not get back the money you invest and you should not view the past performance of investments as a guide to their future performance. Read more about the risks of investing.

Your money and investments

Before applying for an account it is important you understand how your money and investments will be held and the investor protection schemes that apply. We will hold your money in accordance with the FCA's client money rules and we may pool your investment with those of other customers. Read more about how we will hold your money and investments.

Conflicts of interest

We have a conflicts of interest policy that identifies circumstances that constitute, or may give rise to, conflicts of interest which pose material risk of damage to one or more of our customers. Read more about our conflicts of interest policy.

Summary of charges

Trading commissions start from £5.95 depending on how often you trade. Our standard online rate is £12.50.

If you hold funds a platform fee will apply. See our rates and charges.

Key Features Illustration

When applying online you will be asked to produce a Key Features Illustration, which gives you important information to help you decide if the TD SIPP is right for you. You will be taken to AJ Bell's website to do this. Before applying online you can take a look at AJ Bell's Illustration website and read the Key Features Illustration fact sheet and Key Features Document.

Open a TD SIPP

Call 0800 138 1900


Go to SIPP forms

Lines are open Monday to Friday 7.30am to 9pm and Saturdays 9am to 3pm

Return the form to us at Customer Accounts Dept., TD Direct Investing, Exchange Court, Duncombe Street, Leeds LS1 4AX

The TD SIPP is administered by AJ Bell Management Limited. AJ Bell Management Limited is Incorporated in England and Wales under registration number 3948391. Registered Office: Trafford House, Chester Road, Manchester, M32 0RS. Authorised and regulated by the Financial Conduct Authority (Financial Services Register Firm Reference Number 211468). Sippdeal Trustees Limited is a wholly owned subsidiary of AJ Bell Management Limited, Incorporated in England and Wales under registration number 4050222. Registered Office: Trafford House, Chester Road, Manchester, M32 0RS. Sippdeal Trustees Limited does not conduct any regulated activities, and is, therefore, not regulated.

Pension update

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