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Sat: 9.30am - 1.30pm
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Frequently Asked Questions

How do I apply for the Best SIPP?

  • You can buy your SIPP online without filling any paperwork. It takes minutes to complete, simply open in cash, once your account is open you can invest your SIPP in a wide range of investments.
  • If you want to transfer a pension to us fill out our SIPP enquiry form.
  • Email us at sipp@bestinvest.co.uk
  • Call us on 020 7189 2410 and we can answer any queries and questions

How do I transfer my SIPP?

Visit our Transfer your SIPP page to find out:

  • Other providers you can transfer pensions from
  • The questions you may want to ask to ensure you don’t lose any valuable benefits or features from an existing pension
  • What happens after you have set up your transfer
  • How long a typical transfer process takes

Is there a minimum transfer value?

The minimum combined value of all your pension transfers, together with any new contributions to the Best SIPP, is £10,000. There will be no tax relief as you should already have received it in your existing pension scheme.

If you wish to discuss your individual circumstances surrounding these limits please do not hesitate to contact us.

How do I set up monthly contributions?

You can set up monthly contributions when setting up your SIPP online.

Where can I invest my SIPP?

There is wide investment choice available to you no matter how you choose to build your SIPP. You can choose:

DIY SIPP

You can choose top-rated funds with guidance from our in-depth research. Download our Premier Selection guide to top-rated funds.

Get help from an adviser

Use the insight of an adviser with our Investment Advisory Service.

Let us manage your SIPP for you

We offer two managed services multi-asset Portfolio funds and our Managed Portfolio Service:

Multi-asset Portfolio funds (MAP funds)

Choose from seven Multi-asset Portfolio funds that range from defensive through to aggressive growth portfolios. These are actively managed by our Chief Investment Officer and cover multiple asset classes designed to give you a better diversified portfolio.

Managed Portfolio Service (MPS)

MPS is designed for those who don’t have the time to research and manage an investment portfolio. You will benefit from a dedicated investment manager to identify the right investment strategy and build a custom made portfolio for you.

How much can I contribute?

You can usually contribute as much as you earn each year into a SIPP, up to a maximum of £40,000. This £40,000 allowance reduces for higher earners. The allowance is cut by £1 for every £2 earned above £150,000, down to a minimum £10,000 allowance for people earning more than £210,000 a year.

For more details read more on:

Can I make monthly contributions?

Yes you can make monthly contributions into the Best SIPP.

  • Minimum monthly personal contribution: £80 net
  • Minimum monthly employer contribution: £100 gross

How do I manage the Best SIPP?

Your SIPP account is online so you can access and manage your investments 24 hours a day, 7 days a week. We also have a team of pension specialists who are available to answer any questions you have by calling 020 7189 2410. Our opening hours are:

Monday to Friday 7.45am – 6pm

Saturday 9.30am – 1.30pm

How does the Best SIPP compare?

If you are not sure what to look for to find out if a SIPP is best for you, view our table for the benefits of the Best SIPP compared to a Stakeholder pension.

When is the Bestinvest Pension Input Period?

The Bestinvest Pension Input Period is from 6 April to 5 April, for details on how long the pension input period lasts and an example to see how Pension input period works see ‘What is a Pension Input Period (PIP)?

Important Information

SIPPs are not suitable for everyone. If you don’t want to invest across different asset classes or don’t think you will make use of the investment choices that SIPPs give you then a SIPP might not be right for you. Self-directed investors should regularly review their SIPP portfolio, or seek professional advice, to ensure that the underlying investments remain in line with their pension objectives. Prevailing tax rates and the availability of tax reliefs are dependent on your individual circumstances and are subject to change. Please note the term Best is a brand name of the Bestinvest SIPP.

OUR AWARDS

Past performance is not a reliable indicator of future returns

The value of your investment can go down as well as up, and you can get back less than you originally invested.

The Bestinvest Online Investment Service, including any account analysis and investment reports provided by our guidance services, is an online execution-only dealing service for investors who want to make their own investment decisions. It does not provide advice on the suitability of products and investments; if you are unsure about the suitability of any investment you should seek professional advice. Clients of our Investment Advisory Service and Managed Portfolio Service can use the website to obtain current valuations of their investments but cannot trade on these accounts online and should call their adviser if they wish to discuss changes to their investments.

Past performance or any yields quoted should not be considered reliable indicators of future returns. Restricted advice can be provided as part of other services offered by Bestinvest, upon request and on a fee basis. Before investing in funds please check the specific risk factors on the key features document or refer to our risk warning notice as some funds can be high risk or complex; they may also have risks relating to the geographical area, industry sector and/or underlying assets in which they invest. Prevailing tax rates and relief are dependent on your individual circumstances and are subject to change.

Issued by Bestinvest (Brokers) Limited (Reg. No. 2830297), which is authorised and regulated by the Financial Conduct Authority. Financial services are provided by Bestinvest (Brokers) Limited and other companies in the Tilney Bestinvest Group, further details of which are available here. This site is for UK investors only.
© Tilney Bestinvest Group Ltd 2016.

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