Best UK SIPP Platforms for 2025: Fees, Features and Comparison
By Team SalaryCalculate · 7/15/2025
Self-Invested Personal Pensions (SIPPs) offer UK investors a flexible way to take control of their retirement savings. Whether you're an experienced investor or just getting started, choosing the right SIPP platform can significantly impact your long-term returns. In this guide, we’ll break down the best UK SIPP providers for 2025 based on fees, features, investment options, and customer experience.
What is a SIPP?
A Self-Invested Personal Pension (SIPP) is a type of pension that gives you full control over where your retirement savings are invested. Unlike standard personal pensions, SIPPs allow access to a wide range of investments including:
- Stocks and shares
- ETFs and investment trusts
- Government and corporate bonds
- Commercial property (in some cases)
- Cash and fixed income
Learn more: What is a SIPP?
Best SIPP Platforms in the UK for 2025 – At a Glance
| Platform | Annual Platform Fee | Dealing Fees | Best For |
| AJ Bell | 0.25% tiered | £1.50-£9.95 | Low fees, wide investment range |
| Interactive Investor | Flat £12.99/month | £5.99 | Frequent traders |
| Vanguard | 0.15% (capped at £375) | No dealing fees (Vanguard funds) | Simple low-cost investing |
| Hargreaves Lansdown | 0.45% tiered | £11.95 (share deals) | Customer service, research tools |
| Fidelity | 0.35% tiered | £10.00 | Brand trust, fund investing |
| Moneyfarm | 0.35%-0.75% | Included in fee | Hands-off, managed portfolios |
Detailed Reviews of the Top SIPP Providers
AJ Bell Youinvest
AJ Bell is one of the most cost-effective and well-rounded SIPP providers in the UK. It's ideal for self-directed investors who want access to a wide variety of shares, funds, and ETFs.
- Platform fees: 0.25% up to £250k, tiered down afterward
- Trading fees: Shares £9.95 (or £4.95 if 10+ trades/month), Funds £1.50
- Investment range: Extensive – shares, funds, trusts, ETFs
- Minimum deposit: None
- Mobile app: Yes
- Customer service: Excellent
Interactive Investor (ii)
Interactive Investor is best for those with larger portfolios or who trade regularly, thanks to its flat monthly fee.
- Platform fees: Flat £12.99/month (includes one free trade)
- Trading fees: £5.99 per trade
- Investment range: Extensive global markets
- SIPP charge: Additional £10/month
- Minimum deposit: £100
- Tools: Portfolio Builder, model portfolios
Vanguard SIPP
For passive investors, Vanguard offers unbeatable simplicity and ultra-low fees—provided you're happy investing in their own funds.
- Platform fees: 0.15%, capped at £375/year
- Dealing fees: None (on Vanguard products)
- Investment choice: Limited to Vanguard ETFs and funds
- Mobile app: Yes
- SIPP eligibility: Must invest in Vanguard funds only
Hargreaves Lansdown
Hargreaves Lansdown offers market-leading customer support, tools, and educational content, though at a premium cost.
- Platform fees: 0.45% (tiered down from £250k)
- Trading fees: £11.95 per deal (or £5.95 if 20+ trades/month)
- Research: Excellent – live updates, model portfolios
- Investment range: Huge – shares, funds, trusts, ETFs
- Drawdown options: Full flexibility
- Mobile experience: Best in class
Fidelity Personal Investing
Fidelity offers strong fund coverage, brand trust, and a user-friendly platform with helpful guidance.
- Platform fees: 0.35% on first £250k (tiered down after)
- Trading fees: £10 for shares/ETFs
- Mobile app: Yes
- Investment tools: Fund picks, risk tools
- Advice: Optional advisory service
Moneyfarm
For investors who want a fully managed SIPP, Moneyfarm offers a robo-advised solution with no hands-on trading.
- Management fees: 0.35%–0.75% depending on portfolio size
- Investment style: Globally diversified ETFs
- Minimum investment: £500
- Support: Dedicated investment consultants
- Pension transfer: Yes
Key SIPP Platform Features to Consider
When choosing a SIPP, here are the most important features to compare:
| Feature | Why It Matters |
| Fees | Lower fees can save thousands over 20+ years |
| Investment Choice | More flexibility means better portfolio design |
| User Experience | Apps, tools, and dashboard ease regular reviews |
| Drawdown Options | Ensure flexibility in retirement income access |
| Support | Strong customer service can be critical in crises |
| Transfer Process | Look for providers with smooth pension transfers |
SIPP Fee Comparison (Example: £100,000 Portfolio)
| Provider | Annual Fee (£) | Notes |
| Vanguard | £150 | Capped at £375, only Vanguard funds |
| AJ Bell | £250 | Tiered to 0.1% above £500k |
| Interactive Investor | £276 + £120 | Platform + SIPP fee |
| Hargreaves Lansdown | £450 | Reduces after £250k |
| Fidelity | £350 | Tiered structure |
| Moneyfarm | £350–£750 | Includes fund and advice fees |
Which SIPP Is Right For You?
| Investor Type | Best SIPP Option |
| Low-cost DIY investor | AJ Bell, Vanguard |
| Active trader | Interactive Investor |
| Managed approach | Moneyfarm |
| Beginner investor | Vanguard, Fidelity |
| Retirement income focused | Hargreaves Lansdown |
FAQs
Can I have multiple SIPPs?
Yes, you can hold more than one SIPP, though it’s often easier to consolidate.
Are SIPP fees tax-deductible?
Fees aren't personally tax-deductible, but investment growth within SIPPs is tax-free, and contributions qualify for tax relief.
Can I transfer an old pension to a SIPP?
Yes. Most SIPP platforms offer a transfer service. Check for exit fees or penalties from your old provider.
How much can I invest in a SIPP each year?
The annual allowance for pension contributions is £60,000 (or 100% of your earnings if lower). High earners may face a tapered allowance.
Read more: SIPP Tax Relief Explained
Final Thoughts
The best SIPP platform for you in 2025 depends on how actively you invest, the size of your portfolio, and whether you want a hands-off or DIY approach. Use the comparison above to assess which provider aligns best with your goals.
Before opening a SIPP, consider speaking with a regulated financial adviser, especially if transferring large pensions or approaching retirement.