This calculator is not a reliable indicator of future performance and is intended for general information purposes only, as an aid to decision-making, not a guarantee. This calculator uses certain assumptions and uses the FCA prescribed mid-growth rate of 5%. A pension may not be right for everyone, and tax rules may change in the future. If you are unsure if a pension is right for you, please seek independent financial advice.
Looking For
The Best
Self Employed
Pension?
Take control of your pension and join our growing community. With iSIPP, you'll have transparent fees and flexibility when managing your pension and investing your retirement money.
With pensions, your capital is at risk. The value of your investments can go down as well as up.Flexibility for the self-employed
With 44%* of self-employed people not regularly contributing to a pension, it's never been more important to take control of your retirement savings. iSIPP makes it easy for contractors to combine their old pensions into one online account. Choose from ready-made funds offered by world-leading fund managers such as BlackRock and Schroders or select from over 100 individual funds to build your own portfolio.
Whether you're just starting to think about retirement or already have a plan in place, iSIPP is here to help you reach your goals.
*Independent study conducted for iSIPP among a nationally representative sample of 2,000 UK adults.
44%
of self-employed
people are not
regularly contributing
to a pension
Contribute to your pension
Contributing to your pension means investing in your future retirement plans. With access to regular and ad-hoc contributions, our online account provides you with flexibility when paying into your pension.
By contributing to your pension you can benefit from:
- Access to tax-free investing. Your pension pot can grow free of UK income and capital gains tax.
- Up to 45% tax relief in your pension each tax year.
- Grow your pension pot free from inheritance tax, passing on wealth in a tax efficient way.
Why wait? Click the button below to begin contributing.
Claiming tax relief
Did you know that pensions can provide valuable tax relief for self-employed people? By contributing to a pension, you get a 25% tax relief from the government right back into your pension pot. Put simply, meaning you'll pay less in taxes and save more of your hard-earned money. Alternatively, it’s also possible to pay into your pension as a limited company, lowering your corporation tax bill.
Our online platform allows you to have an overview of your pension savings from one place, helping you make better financial decisions and investment choices. As you receive pension tax-relief from HMRC you’ll begin to see your money get to work via your online account.
Consolidate your existing pensions
If you have moved jobs or changed address several times, you could have multiple pension pots that have been forgotten about. Let’s find them!
We help our members transfer their existing pensions into one easy-to-manage SIPP account. By bringing your pensions together you can benefit from:
- An easy-to-use online account for managing your pension in one place.
- Control and choice over your retirement saving and investment
- Competitive fund pricing and a fixed annual administration fee
Pre-retirement calculator
As with all investing, your capital is at risk. The value of your portfolio with us can go down as well as up and you may get back less than you invest. We do not provide investment advice. Assumptions used. How to read the results.
Your current age
Your transfer amount
£
Your estimated
retirement fund
£102,000
Expected growth rate
5%
X
The purpose of this calculator is to give you a general indication of your fund value at an illustrated retirement age (please read the assumptions used) based on your current age and the transfer amount.
This calculator does not constitute personal advice. You are advised to seek independent financial advice.
The figures are a guide only; they are not guaranteed. Your final pension fund, and the income available from it, will depend upon a range of factors. These include, but are not limited to, contributions you make in future, the growth of your fund, charges, inflation, annuity rates and options, and your retirement age.
The value of investments can go down as well as up and you may get back less than you invest.
The calculator does not take account of any tax charges which may apply to contributions into or income from a pension or any tax applicable if your fund exceeds the lifetime allowance at the time of retirement.
This calculator is not appropriate for calculating potential income from a defined benefits scheme.
This calculator does not take into account any benefits from a state pension.
X
For the purposes of this illustration, the FCA require us to provide you with an indication of your projected pension fund value you may get at your illustrated retirement age at 65. The illustrative value is based on prescribed Mid investment growth rate of 5%, after allowing for all fees and charges.
The projection assumes that you do not draw any income or one-off lump sums from the SIPP. It also assumes the value of your pension fund is within the standard Lifetime Allowance and no LTA tax charge applies.
In addition, we are required to reduce the projected figures to account for inflation. Inflation is the rise in costs of goods and services over time.
This illustration incorporates our fees as per our fee schedule. Fixed monetary fees are assumed to increase each year in line with inflation.
Ongoing Charges Figure (OCF): This illustration incorporates an assumed Ongoing Charges Figure (OCF) 1.00% for the purposes of generating this illustration.
The figures are for illustration purposes only and are not guaranteed. The value of the SIPP depends on how your investments perform after charges and fees.
Investments that suit your needs
iSIPP is all about putting the power in your hands. With us, you can consolidate your existing pensions and take control over your money by accessing funds from world-leading fund managers. You’ll have more clarity and choice. Select the investment options that match your risk appetite and retirement goals. You can even create your own portfolio.
Your capital is at risk. We do not provide investment advice.
CHOICE
Ready made funds
Provided by global fund manager BlackRock, the range of funds are designed to take the hard work out of investing. They make it simple and cost-effective, whilst managing risk.
CREATE
Build your own portfolio
Make your own investment decisions and choose the funds that work for you. This option is designed for those who want to build a tailored option when consolidating pensions.
ESG
Responsible investing
Invest in line with your values and beliefs. Environmental, social and governance are categories that can play a role in deciding what an ESG fund invests in.
Pension Knowledge
Your SIPP questions answered
With so many pension products out there, choosing the right scheme to save for your retirement can seem daunting.
READ HERE
Does paying into a pension reduce tax for the self-employed?
One of the biggest benefits to those with self-employed pensions is that it provides tax relief in different ways.
READ HERE
Pension contributions for self-employed
If you are self-employed, you will already be used to taking the lead in your career. The same is applicable to your pension.
READ HERE