InvestEngine SIPP InvestEngine
0% AMC
- Annual Fee: 0% platform fee
- Fund Range: ETFs only
- Min Investment: £100
- Key Feature: Zero platform fee ETF pension
- Tipo piano pensionistico: SIPP
Live offers across tracked providers in United Kingdom — updated daily from the Giraffy database.
21 live offers compared from 21 providers, from 0% AMC. Updated daily.
0% AMC
0.15% AMC
0.25% AMC
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0.30% AMC
0.30% AMC
0.30% AMC
0.35% AMC
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0.35% AMC
0.40% AMC
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0.45% AMC
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0.50% AMC
0.50% AMC
0.60% AMC
0.75% AMC
0.75% AMC
Price on request
Price on request
A pension is a long-term, tax-advantaged way to save for retirement. Most UK workers build one through a workplace pension under auto-enrolment, where employer and employee both contribute, topped up by tax relief from the government. Alongside this, many people open a personal pension or a self-invested personal pension (SIPP) to take control of where their retirement money is invested.
The headline attraction is tax relief: contributions are boosted at your marginal rate, so a basic-rate taxpayer effectively pays 80p for every £1 that goes in, and the pot grows free of UK income and capital gains tax.
Auto-enrolment requires most employers to enrol eligible staff and pay in, with minimum total contributions set in law. NEST, the government-backed scheme, is a common workplace default. For personal control, SIPP providers let you choose funds, shares and trusts. From age 55 (rising to 57 in 2028) you can usually access a pension, taking up to 25% tax-free and the rest as income.
The annual allowance caps tax-relieved contributions at £60,000 for most people, and the old lifetime allowance has been abolished.
SIPP platforms — Vanguard UK, AJ Bell and Hargreaves Lansdown offer low-cost, self-directed pensions with wide fund choice.
Workplace and insurers — Aviva UK, Legal & General, Scottish Widows and Royal London run large workplace and personal schemes.
Master trusts — NEST provides simple, low-cost auto-enrolment pensions for employers of all sizes.
For most employed people, the workplace pension comes first, never turn down the employer contribution, it is effectively free money. For extra saving or consolidating old pots, compare platform charges, fund choice and drawdown options. Watch the ongoing platform fee, the fund charges, and whether flexible drawdown is offered at retirement. Consolidating scattered pots can cut costs and simplify management.
Pension platform and fund costs typically range from around 0% on the cheapest index-based SIPPs to roughly 0.75% once platform and active-fund fees combine. Over a 40-year working life, even small differences in annual charges compound into large sums, so cost control is central to the eventual pot size.
Personal pensions and SIPPs are regulated by the Financial Conduct Authority (FCA), while workplace schemes are overseen by The Pensions Regulator (TPR). FSCS protection can apply up to £85,000 for FCA-regulated SIPP providers, and up to 100% with no cap for insured pension products, depending on the structure. Pension scams are a known risk, always check a firm is on the FCA register before transferring.
SIPP or workplace pension? Use the workplace pension for the employer match first; add a SIPP for control and extra contributions.
Can I combine old pensions? Usually yes, but check for exit penalties or valuable guarantees before transferring.
When can I access it? Normally from age 55, rising to 57 in 2028, with 25% typically tax-free.
What happens to my pension if I die? Pensions usually sit outside your estate for inheritance tax and can pass to nominated beneficiaries, so keeping your expression-of-wish form up to date matters.
Higher-rate tax relief? Higher and additional-rate taxpayers can claim extra relief through self-assessment on top of the basic relief added automatically.
Giraffy tracks 5 pension and retirement savings products across InvestEngine,Vanguard UK,AJ Bell,Legal & General,NEST providers in United Kingdom. Compare by Annual Management Charge (AMC) and investment fund range to find the best fit for your retirement timeline.
A Self-Invested Personal Pension (SIPP) gives you control over your investment choices from a wide range of funds, shares, and assets. A workplace pension is set up by your employer — contributions may be matched, and the investment range is more limited. You can have both simultaneously.
A common benchmark is to aim for a retirement income of about 60–80% of your pre-retirement earnings. As a savings target, contributing 15% of your gross income from your mid-20s — including employer contributions — is a widely cited starting point. Pension calculators help model your specific situation.
Retirement savings access ages vary by country and account type. In the UK, pension access starts at age 55 (rising to 57 in 2028). Australia allows access to super from preservation age (currently 60). Check your local rules — early withdrawal penalties and tax consequences can be severe.
The Annual Management Charge (AMC) is the ongoing fee on your pension fund — typically 0.1–0.75% per year of your pot's value. On a £100,000 pot, a 0.5% AMC costs £500/year and compounds over time. Over 30 years, a 0.5% difference in charges can reduce your final pot by tens of thousands of pounds.
Automatic enrolment means eligible workers are enrolled into a workplace pension without having to opt in — the UK, Australia, Ireland, and several other markets operate similar mandatory or auto-enrolment systems. Employer contributions are effectively 'free money', so opting out generally costs you significantly over time.