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Self Invested Personal Pension (SIPP) Knowledge Centre

The Road to Retirement

Do you know enough about pensions? We want to help you understand more about the things to think about on the road to retirement.

News & Views

News & Views about SIPPs

Take a look at our latest articles on pensions, the pension changes and SIPPs.

Pension Guide

Guide to Pensions

Understand more about the different types of pension available.

Options at retirement

retirement options guide thumbnail

Read our guide to understanding your retirement options.

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Pension Flexibility

A guide to the latest pension changes from TD Direct Investing and AJ Bell.

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Pension Wise

Everyone with a Defined Contribution pension scheme is entitled to access free, impartial guidance on their pension options, including a face-to-face or telephone appointment, provided by Pension Wise, a guidance service backed by government.

Michelle Cracknell

TD talks to Michelle Cracknell CEO Pension Advisor Service

Pension Calculator

Our Pension Calculator is a handy tool to help you plan for the future you want.

Launch Pensions Calculator

SIPPs

The types of pensions you can transfer to a SIPP

  • Personal Pension Plans
  • Pensions in drawdown
  • Other SIPPs
  • Stakeholder Pension Plans
  • Retirement Annuity Plans
  • Free Standing Additional Voluntary Contributions (FSAVCs)
  • Executive Pension Plans (EPPs)
  • Occupational Money Purchase Plans
  • Small Self Administered Plans (SSAS)

A guide to SIPPs

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Expand 8 pension facts

Made use of pension freedoms? You still can contribute up to £10,000 a year to your money purchase pensions including your SIPP, subject to some conditions.

If you pay more into your pension than the annual allowance, a tax charge will be applied. It’s your responsibility to declare this on your self-assessment tax return

The earliest you can take benefits from your SIPP will increase from age 55 to age 57 in 2028

If you take a large income withdrawal from your pension, watch out you might be given an emergency tax code – you may need to claim back tax from HMRC

Don’t pay too much tax! When you take benefits give your tax coding notice to your pension scheme

Ready to flexibly access your retirement benefits? Make sure you notify any other pension schemes you’ve got within 91 days

Beware, if you don’t notify your other pension schemes you’re taking flexi access benefits you could be charged up to £300 by HMRC. Plus £60 for each overdue day.

Who do you want to leave your pension benefits to? Now there are no restrictions think about updating your Nomination and Expression of Wishes

Investment Ideas for a TD SIPP

Top funds bought and sold by TD customers in Trading accounts, ISAs and SIPPs.

Funds Bought - October 2016

  1. 1CF Woodford Equity Income Fund C GBP Acc
  2. 2BlackRock Gold and General D Acc
  3. 3Fundsmith Equity I Acc
  4. 4Vanguard LifeStrategy 80% Equity Fund A Acc
  5. 5Jupiter India I Acc
  6. 6Vanguard LifeStrategy 60% Equity Fund A Acc
  7. 7Stewart Investors Asia Pacific Leaders Fund Class B (Accumulation) GBP
  8. 8HSBC American Index Fund Accumulation C
  9. 9HSBC American Index Fund Income C
  10. 10Artemis Global Income I Inc

The Most Popular Funds are measured as the total number of purchases and sales in each fund by TD clients during the month. The Most Popular Funds should not be taken as a recommendation to buy or sell any particular fund, and it is not intended to offer any form of advice. Instead it is simply an indication of the general buying and selling trends amongst some TD customers, observed during the period stated.

Funds Sold - October 2016

  1. 1CF Woodford Equity Income Fund C GBP Acc
  2. 2AXA Framlington Biotech Fund GBP Z Acc
  3. 3BlackRock Gold and General D Acc
  4. 4Legg Mason IF Japan Equity Fund Class X Accumulation
  5. 5Vanguard LifeStrategy 80% Equity Fund A Acc
  6. 6HSBC American Index Fund Accumulation C
  7. 7Standard Life Investments UK Smaller Companies Retail Platform 1 Acc
  8. 8Legal & General Global Health and Pharmaceuticals Index Trust I Acc
  9. 9Neptune Russia & Greater Russia Fund C Acc GBP
  10. 10CF Woodford Equity Income Fund C GBP Inc

The Most Popular Funds are measured as the total number of purchases and sales in each fund by TD clients during the month. The Most Popular Funds should not be taken as a recommendation to buy or sell any particular fund, and it is not intended to offer any form of advice. Instead it is simply an indication of the general buying and selling trends amongst some TD customers, observed during the period stated.

Regular Investing

If you don't have a lump sum to invest, our regular investment option lets you make small monthly payments to your SIPP. You can purchase stocks on a monthly basis.

You can also purchase funds, which don't incur commission but may have fund manager charges.

Choose from up to ten stocks and/or funds that you wish to invest in on a monthly basis.

Understanding the risks


The investments made within a pension 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. Prior to making any decision about the suitability of a pension to meet your retirement needs, we recommend that you seek the advice of a suitably qualified financial adviser. TD Direct Investing does not provide investment advice. The tax treatment of this product depends on your individual circumstances and may change in the future.

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.

Investing Basics: Funds

Learn more and get started today

Why invest in funds? What it will cost? Fund selector