• SIPP Investing

    A Self-Invested Personal Pension (SIPP): An HM Revenue and
    Customs approved personal pension scheme designed for
    investors who want flexibility and control over their
    investment strategy including the asset classes in
    which their pension fund is invested.

The value of your investments can go down as well as up.
Losses can exceed deposits on margin products. Please ensure you understand the risks.

Important Information

Before applying, please familiarise yourself with these documents: General Business TermsProduct Rates and Conditions, Commissions, Charges and Margin ScheduleOrder Execution Policy and Conflict of Interest Policy. The products available on our platform are traded on margin and it is possible to incur losses that exceed your initial deposit, please ensure that you fully understand the risks involved before applying for an account.


 


 

Why trade your SIPP with Saxo Capital Markets?


  • Ability to access our complete range of trading services (except for FX Options) all from one trading platform*: 
    • Trade 19,000  Shares worldwide 
    • 3,101 ETFs and ETCs
    • 9,000 index, commodity and single stock CFDs
    • 200+  futures
    • 160 FX currency pairs
  • Only 0.5% currency conversion charge when trades settled in different currency from your trading account. 
  • Direct dial access to an Account / Relationship Manager. 
  • Access to our advanced Equity Research module offering detailed company information on over 11,000 Shares (charges may apply depending on type of account). 
  • Award-winning trading platforms - SaxoTrader, SaxoWebTrader and SaxoMobileTrader. 
  • A full range of trade orders and one-click trading for fast execution. 
    • *Please note that you may not be permitted to trade certain products under the terms and conditions of your trustee, in which case these products will be disabled on your platform.

    What are the benefits?

    • A SIPP puts you in control – always know where your money is invested and how it's performing

    • A SIPP provides generous tax benefits on the contributions you make to the account – the Annual Allowance on tax relievable contributions is currently £50,000 gross

    • SIPP plans are free from Capital Gains Tax (CGT) and Income tax

    • You cannot withdraw money from your SIPP until the age of 55, however you can normally take up to 25% of your SIPP as a tax free lump sum from this time

    • SIPP funds can often pass to your spouse free from inheritance tax should you die before taking the benefits

    TAX TREATMENT DEPENDS ON INDIVIDUAL CIRCUMSTANCES AND IS SUBJECT TO CHANGE.

    FAQ

    • A SIPP puts you in control – always know where your money is invested and how it's performing 
    • A SIPP provides generous tax benefits on the contributions you make to the account – the Annual Allowance on tax relievable contributions is currently £50,000 gross
    • SIPP plans are free from Capital Gains Tax (CGT) and Income tax 
    • You cannot withdraw money from your SIPP until the age of 55, however you can normally take up to 25% of your SIPP as a tax free lump sum from this time 
    • SIPP funds will usually pass to your spouse free from inheritance tax should you die before taking the benefits​

    Trading derivative products in your SIPP

    Saxo Capital Markets facilitates the trading of SIPP funds in derivative products (subject to any SIPP scheme restrictions), however, it is important to remember that trading derivative products carries a high level of risk to your capital as it is possible to incur losses that can exceed your initial investment. 

    When trading derivative products through your SIPP, Saxo Capital Markets will restrict dealing or trading services in certain products (such as FX Options) and will also apply an increased margin requirement which is higher than the standard Retail Product Rates and Conditions thereby reducing the amount of leverage or gearing available to you. For more information, please read the Rates and Conditions Document here.​​​

    How do I trade via my SIPP with Saxo Capital Markets?

    Whilst Saxo Capital Markets does not act as a provider, administrator or trustee of personal pension schemes, we do offer the facility for SIPP members or their appointed investment advisor to trade funds held within a SIPP on our trading platforms and thereby, subject to the terms and conditions of their SIPP trustee, access our complete range of trading services (except for FX Options).

    How to open a SIPP account?

    • We can only open SIPP accounts through one of the Trustees on our approved SIPP Trustee list. 
    • Please find the SIPP application form ​​here​.The ​SIPP Member must complete Parts 1 to 7 of this application form. The SIPP Trustee should then complete Parts 8 to 12. The SIPP
      Trustee (as Principal) and the appointed Attorney(s), including if appropriate the Investment Advisor, should then complete and sign Part 13. If the SIPP Member signs as an Attorney then their signature should be witnessed as requested.​
    • Please note that we cannot start processing the application form until both the client and Trustee have completed their part of the form.
    • As well as the form, we also require the client’s ID and  Proof of Residency. 
    • Please send the package to PrivateSalesUK@saxomarkets.com​. ​​

    List of approved trustees

    SIPP ProviderSIPP Trustee
    @SIPP plc@SIPP plc Pension Trustees Ltd
    Alliance Trust Savings LimitedAlliance Trust Pensions Limited
    Alltrust Services LimitedAlltrust SIPP Limited
    Baker Tilly Isle of Man Corporate Trustee LimitedBaker Tilly Isle of Man Corporate Trustee Limited
    Bridgewater Pension TrusteesBridgewater Pension Trustees
    Carey Pensions UK LLPCarey Pension Trustees Ltd
    Corporate & Professional Pensions LimitedCorporate & Professional Pensions Limited
    Curtis Banks PLCColston Trustees Limited
    D P Pensions LtdD A Phillips & Co Ltd
    Dentons Pension Management LimitedDenton & Co Trustees Limited
    EBS Management PLCEBS Management PLC
    Guardian Pension Consultants LtdGuardian Pension Trustees Ltd
    The Hornbuckle Mitchell Group PLCHornbuckle Mitchell Trustees Ltd
    Intelligent Money LtdIntelligent Money Ltd
    InvestAcc LimitedInvestAcc Limited
    IPM SIPP Administration LimitedIPM SIPP Administration Limited
    The IPS PartnershipPAL Trustees Ltd
    IPS Pensions LimitedUnion Pension Trustees Limited
    The Lifetime SIPP Co LtdThe SIPP Trustee Provider Ltd
    London & Colonial Services LtdLondon & Colonial Services Ltd
    Mattioli Woods PLCMW Trustees Limited
    MJF Pension Trustees LimitedMJF Pension Trustees Limited
    Curtis Banks PlcMontpelier Pension Trustees Limited
    Organon SIPP Services LimitedOrganon Pension Trustees Ltd
    Pointon York SIPP Solutions Crescent Trustees Ltd
    ​Stadia Trustees LimitedStadia Trustees Limited
    Talbot & Muir SIPP LLPTM Trustees Ltd
    Westerby Trustee Services LtdWesterby Trustee Services Ltd​

    Apply today

    Please note that Saxo Capital Markets provide execution-only SIPP services and you will also need to select a trustee to service the administrative side of the relationship.

    Contact us to find out if your SIPP trustee has a relationship with Saxo Capital Markets UK. 

    • Transferring assets: 

      - If you want to transfer an existing pension currently with another provider, please request their Transfer Discharge Form.
    • Send documentation back to Saxo Capital Markets:

      - Scan and email documents to privatesalesuk@saxomarkets.com 
      - Send documents to Private Sales UK, Saxo Capital Markets UK Limited, 26th floor, 40 Bank Street, Canary Wharf, London, E14 5DA

    The value of your investments can go down as well as up.
    Losses can exceed deposits on margin products. Please ensure you understand the risks.

    Saxo Capital Markets UK Limited is authorised and regulated by the Financial Conduct Authority, Firm Reference Number 551422. Registered address: 26th Floor, 40 Bank Street, Canary Wharf, London E14 5DA. Company number 7413871.

    IMPORTANT INFORMATION
    The value of your investments can go down as well as up and you may not get back what you invested. Tax treatment depends on individual circumstances and is subject to change.

    Please note, Saxo NISA accounts are maintained separately from other Saxo Capital Markets Trading accounts and for the avoidance of doubt any cash or the value of any stocks held within a Saxo NISA cannot be used as collateral for margin trading. NISA eligibility of individual investments is determined by the requirements prescribed by HMRC and whilst Saxo Capital Markets provides access to multiple global exchanges, only NISA eligible shares will be available for trading on the platform.

    The Saxo Capital Markets UK Ltd website provides you with a range of tools and information to help you make informed investment decisions but does not provide investment advice and if you are in any doubt you should seek independent advice.