Charges & interest rates

The HL Vantage SIPP is among the lowest cost SIPPs available. Low costs mean that more of your money is working for you. In the words of personal finance writer Cliff D'Arcy:

After studying more than eighty different SIPPs, I've plumped for the award winning HL Vantage SIPP from Hargreaves Lansdown. This has no set-up fees, no or low on-going management fees, low share dealing charges, plus it offers big discounts via the HL fund supermarket.

Cliff D'Arcy, personal finance writer for The Motley Fool

If you choose to hold your money in cash we offer competitive interest rates.

What are the charges for the HL SIPP?
Set-up	Free
Contributions (including transfers in)	Free
Annual charge	0% on cash and over 1,900 funds. For all other funds & investments we charge 0.5% + VAT up to a maximum of £200 + VAT per annum.

Fund dealing costs and charges (Unit Trusts / OEICs)
Fund dealing	Free
Fund initial charges	We offer savings of up to 5.5% on the initial charges made by the fund managers.
Fund annual charges	Funds have their own annual charges, often around 1.5%
For more information on the fund savings available visit our funds section.

Share and Investment Trust dealing costs
Online dealing (Per deal)	Dealing amount Charge £0 - £499.99 £9.95 £500 - £1,999.99 £14.95 £2,000 - £3,999.99 £19.95 £4,000 - £19,999.99 £24.95 £20,000+ £29.95
Telephone and paper dealing 1% (£10 minimum and £50 maximum) per deal. Non UK stocks dealt over the phone are subject to a £5 additional charge.

Download the full fee schedule for the HL Vantage SIPP.

The above fees exclude the cost of any advice you may require. If you require advice, you would agree this cost separately with your adviser. If you have both an account on which you have not taken an income and an account in drawdown, there will be an annual charge on both accounts.