A pension is a long-term investment. Its value can go down as well as up and could be worth less than was paid in. Laws and tax rules may change in the future. Your own circumstances and where you live in the UK will also have an impact on tax treatment.
With our Self Invested Personal Pension (SIPP) you can pick from a wide range of investment options from Standard Life and other providers.
A SIPP could be right for you if you’re looking for a wider choice of investment options. It’s designed for customers who are experienced investors. It’s also designed for those who are comfortable regularly reviewing their pension investments to make sure they continue to meet their needs, goals and attitude to risk.
With a Standard Life SIPP you can choose from pension funds, mutual funds, commercial property and lots more. We split the different investment options into three levels to make it easier for you to choose what’s right for you.
Keep in mind: You will have more investment options with your SIPP if you arrange your plan through a financial adviser. Some investment choices, such as commercial property, won’t be available if you don’t invest through an adviser.
*Typically level 3 investment options are only available if you arrange your plan through a financial adviser.
The different levels of investments come with different charges, but you’ll only ever pay for the investment services you actually use. You can find out more about the different charges for the levels of investments in the charges section.
If you’re looking to find out about the performance and charges for specific pension funds you can use our fund checker.
A SIPP may be right for you, but we have other pension options too. Our Active Money Personal Pension (AMPP) could be right for you if you want to pick your own funds but aren’t interested in the widest range of options.
Let’s see how the SIPP and AMPP compare:
This could be a good option if you have the confidence and time to pick and manage your own investment options. With a SIPP you will:
This could be the right pension plan for you if you want to make your own investment choices. The Active Money Personal Pension gives you fewer options than a SIPP. With a DIY option AMPP you will:
Try our pension calculator to see how much your pension plan could be worth in the future.