SIPP (Self Invested Personal Pension)

A low cost pension that puts you in control

If you are comfortable being in control of your investments, the Vantage SIPP is an ideal way to save for retirement. You get a huge investment choice, award-winning service and valuable tax relief - all at low cost and with market beating initial savings of up to 5.5% on funds.

You can invest as simply or sophisticatedly as you desire. From holding cash and choosing a multi-manager fund (where a selection of funds are managed for you) to selecting the most exciting funds run by the City's finest fund managers. You even have the freedom to invest in individual stocks and shares in the UK and beyond.

The tax benefits make pensions such as a SIPP stand out from other investments:

Receive up to 40% tax relief on new contributions, depending on your circumstances
Your investments grow free of capital gains tax
If you die before you take retirement benefits the fund can normally be passed to nominated beneficiaries FREE from inheritance tax
You can normally take a tax FREE lump sum of up to 25% of the fund value at retirement (with the remainder used to provide a taxable income).

How we help you to manage your SIPP yourself

We send you plenty of investment ideas to help you make informed investment decisions. Your SIPP is easy to manage. You can check its value, deal and add money online. If you prefer you can manage it by post or phone. We have a specialist pensions helpdesk to answer your questions - no call centres or automated answering systems. If you have a question you can call them on 0800 138 2121.

In recent years we have been voted Best SIPP Provider by readers of What Investment, Investors Chronicle and Shares magazine. In the words of Cliff D'Arcy of the personal finance website The Motley Fool:

After studying more than eighty different SIPPs, I've plumped for the award winning HL Vantage SIPP from Hargreaves Lansdown … If you can find a cheaper SIPP, then please let me know…

You can start a SIPP by transferring an existing pension, paying a single contribution by cheque or starting a monthly direct debit. You can join online or by calling 0800 138 5838.