Self Invested Personal Pension (SIPP) - Account Details
Barclays Stockbrokers SIPP – Your pension. Your way |
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What is a Barclays Stockbrokers SIPP?
This is a trading account which is incorporated into a pension. It has the benefits of a pension; tax relief on contributions, returns protected from income and capital gains tax, but also offers all the flexibility of our Marketmaster® or ISA trading accounts.
Manage your account your way. A Barclays Stockbrokers SIPP can be as simple or as complex as you want, bringing you everything you need to trade and manage your account when, where and how you want, as soon as your account is open.
Your pension. Your way.
With Barclays Stockbrokers, you’ve got access to a wide range of products including shares, gilts & bonds, iShares, exchange traded commodities (ETCs), funds and Investment Notes. You pick the ones you want, and the mix you want to meet your risk profile and investment objectives. You can change the investment mix at any time. Selecting your own investments is not for everyone, the value of these investments can fall as well as rise and you may lose money.
Competitive Charges
- Dealing - online tiered commission charges from £6.95 to £12.95 per online deal.
- No set up fees and low cost administration charges – just £37.50 + VAT per quarter.
- If you are fully invested in Funds Market funds, the annual administration charge will be waived.
- Barclays Stockbrokers Price Improver® has links to more Market Makers than any other provider. As a result in 2008 75% of equity trades were transacted on improved prices.
See full rates and charges for further breakdown
Powerful trading tool s and research
Our SIPP provides the tools you need to do the job your way. On our award wining website you can access state of the art investment tools such as heat maps (to find market hot spots), performance tables and charting tools, as well as watchlists, a market diary and stock selectors.
You will have access to company profiles, company news, detailed financials and analyst consensus from the leading independent business information providers, collating the opinions of top brokers to give you a bird’s-eye view of market opportunities. We also provide in-depth fund market information and analysis on all UK funds, ETFs and more complex structured products.
Exclusive research
The quality of the financial information you have access to can significantly affect your investment decisions. Our research will keep you up to date, with reports ranging from quarterly, long-term forecasts to detailed daily updates.
Our flagship Signpost suite of published research will keep you informed of long-term market and economic trends. Our Insights reports, developed in partnership with the Economist Intelligence Unit, will provide you with a comprehensive picture of how to make the most of your wealth in the 21st century.
Thought Leadership
To find the best investments you need the best market information. We give you all the latest economic research, reports and analysis – online and in real time. As the UK’s leading execution only stockbroker and is part of one of the world’s leading wealth mangers, we have the data and experience to help you make sense of the markets.
You will find comprehensive help, training seminars and information on how to make the most of our website and investment products through our online Education Centre. We also provide online seminars, demonstrations and tutorials on more sophisticated products.
Through Barclays Stockbrokers Investment ViewPoint we share our latest market views and opinions, highlighting products and services for your consideration. With Smart Investor you get quarterly Smart Investor magazine and monthly emails with articles tailored to suit your investment profile.
Our investment and product guides, topical and relevant investment ideas and financial glossary keep you up to speed on investment innovation.
Funding your Barclays Stockbrokers SIPP
All contributions to your SIPP are processed via the SIPP Administration team to ensure that basic rate tax relief is claimed on your behalf. Upon receipt of the funds they are paid into your SIPP trading account. They will appear in your portfolio and are then ready for you to invest; online, over the telephone or by post.
You can add funds to your SIPP account in a number of ways. All contributions are subject to Annual Allowance and the Lifetime Limit.
- Direct Debit - set up regular monthly payments by Direct Debit.
Download Direct Debit Form There is no minimum investment by direct debit. - Cheque - Fund your Investment ISA, up to your annual allowance, by cheque made payable to ‘Sippdeal Trustees Ltd re (your name)
- Electronic Transfer: contact the SIPP Administration Team on 0845 300 9020* for bank account details and how to ensure that they are reckoginsed
- Transfer from an existing pension: You can transfer existing personal peansions or money purchase (defined contribution) pensions. Simply complete a Transfer form. Please note that we are dependant upon your current pension administrator. Some pensions may not be suitable to consolidate into your SIPP . More information on the things to consider is available on our Retirement Centre. If you are unsure you should seek professional advice.
Contributions to your SIPP can be made by you, your employer or by any third party. All such payments must be made from a UK bank account. Contributions must not exceed the annual allowance or 100% or earnings whichever is the lower.
Keeping you informed
As well as being able to access all this information online, we will also send you:
- Statements and valuations – a quarterly printed report showing the value of your account
- Company Report & Accounts – you can request the Annual Report & Accounts for UK companies held in your account
- Corporate Actions – we’ll also notify you of any corporate actions impacting stocks held in your account and carry out your instructions
Learn more about SIPPs with our online seminar
Find out more about Pensions and SIPPs in our Retirement Planning Centre
