Fee-free Best SIPP

With experts managing your investments

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Guide to the fee-free SIPP

Find out more about our fee-free Best SIPP

Read the guide

Low fees and great investments – two simple ways to make the most of your pension. At Bestinvest we’re offering you a simple way to take advantage of both. You won’t pay any annual fees for your pension when you open a Best SIPP and buy a Ready-made Portfolio*.

Reasons to choose the Best SIPP

Award-winning

You get a multi-award winning pension and online service.

Easy

It’s easy to set up and manage your pension.

Help and support

Our friendly UK-based experts are on hand if you need any help.

Open a fee-free SIPP today     0% service fees if you invest your pension in a Ready-made Portfolio Open a SIPP

About Ready-made Portfolios

  • Ready-made Portfolios are built by our experts and managed by them over time
  • You’re always invested in a diversified mix of our best and latest investment ideas
  • There are four portfolios to choose from, each designed for a different type of investor
  • If you’re already a Bestinvest client you may have seen the portfolios referred to as Multi-asset Portfolios.**
Choose a portfolio

How to get started

  1. Open a Best SIPP
    Firstly, open a Best SIPP if you don’t already have one. If you have pensions elsewhere you can transfer them too***.
  2. Choose a portfolio
    Afterwards you can log in and buy a Ready-made Portfolio from £500. There are four portfolios to choose from.
  3. Relax!
    Our experts do the investing for you – so you can sit back and relax, knowing you’ll always be invested in our best ideas.
Open a Best SIPP

Frequently asked questions

What should I consider before opening a fee-free Best SIPP?

Before claiming this offer you should make sure that our Ready-made Portfolios meet your needs and objectives. You should also bear in mind that other investments may have lower fees, and that it may also be cheaper to choose your own investments – which the Best SIPP lets you do.

Are there any other fees to pay?

We have removed our service fees for the Best SIPP (usually 0.3% or less a year), but there are still other fees to pay. Like all investment funds, our Ready-made Portfolios have ongoing charges for everyday costs such as researching and managing the investments. There could also be fees to pay if you close your Best SIPP or transfer to another provider.

Can I open a fee-free Best SIPP by transferring my existing pensions?

Yes, you can transfer most other pensions into the Best SIPP*. We will also pay up to £500 towards any exit fees your current pension providers may charge and a pension transfer specialist will oversee the whole process**. Find out more about transferring into the Best SIPP.

Am I eligible if I already have a Best SIPP?

You are eligible for the fee-free Best SIPP offer if you manage your SIPP as a self-directed investor (rather than through our investment advisory service). Your service fees will stop automatically if you move your money into a Ready-made Portfolio, but you will continue to pay the usual fees for the total value of all other investments in your account.

Can I move my money out of the Ready-made Portfolio afterwards?

Yes. You can move your money out of the Ready-made Portfolios at any time, and unlike some providers we do not charge you for buying or selling funds. But you will pay our usual Best SIPP service fees for the total value of all other investments in your account.

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Everyone is eligible

Everyone can take advantage of our fee-free Best SIPP, as long as you manage your account as a self-directed investor (rather than through our investment advisory service). This applies to both new clients and those who already invest with Bestinvest. Simply make sure your Best SIPP is invested in a Ready-made Portfolio (or Multi-asset Portfolio) and you will pay no service fees for the account.

Speak to an expert about our fee-free SIPP

Get in touch if you have any questions or need some help opening a fee-free Best SIPP.

Before claiming this offer you should make sure that our Ready-made Portfolios meet your needs and objectives. You should also bear in mind that other investments may have lower fees, and that it may also be cheaper to choose your own investments – which the Best SIPP lets you do.

*We have removed our service fees of 0.3% (or less) a year, but like all funds our Ready-made Portfolios have ongoing charges for everyday costs such as researching and managing the investments. There could also be fees to pay if you close your Best SIPP or transfer to another provider.

**Ready-made portfolios like ours are offered by many fund managers. You may also hear them referred to as multi-asset funds. The Portfolios within our range are called Tilney Bestinvest Multi-asset Portfolios and are administered by Investment Fund Services Limited (IFSL), a subsidiary of Marlborough, one of Europe’s leading financial groups. Funds within each Portfolio are chosen and managed by our research team but it is up to you to choose the Portfolio that is right for you.

***Before transferring pensions, you should ask yourself: Will I be charged or penalised by my existing provider for transferring? Will I lose any valuable features or benefits if I transfer? Have I considered my current pension charges, and could consolidating be more expensive? Am I part of an occupational final salary pension scheme? (In which case I would most likely be better off not switching).

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. Please contact us for guidance or advice if you are unsure whether a SIPP is right for you.