Frequently asked questions

Pension rules have changed in the budget. Find out what this means for your SIPP.

The budget and SIPPs Q&A
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Q. Could a SIPP be right for me?

Q. Am I eligible for a SIPP?

Q. Is a SIPP a stakeholder pension?

Q. Can I take out a SIPP alongside other pensions?

Q. How can I apply for a SIPP?

Q. What can I invest in with a SIPP?

Q. Is it possible to open a SIPP in joint names?

Q. Can I open a SIPP for my child/grandchild?

Q. Do I have to decide where I invest my money straightaway?

Q. Do I have to contribute a minimum amount?

Q. When will I receive the tax reclaim for the contributions paid into my SIPP?

Q. Can I invest directly in residential property?

Q. Can I invest in commercial property?

Q. Can I withdraw my money at any time?

Q. Can I change my investments?

Q. How can I buy or sell the investments in my SIPP?

Q. Who do I contact if I am having problems logging into my account?

Q. What are the costs associated with a SIPP

Q. What rate of interest will I earn on the cash held in my SIPP?

Q. How can I pay money into my account?

Q. How do I pay for my deals?

Q. How quickly will my deal be processed?

Q. How long does it take before I can invest my sale proceeds?

Q. When will I receive statements?

Q. How are dividends paid on the investments in a SIPP?

Q. Can I invest on a monthly basis?

Q. Can I make regular investments?

Q. Can I transfer my existing pension into a SIPP?

Q. How long does it take to transfer a SIPP, ISA or dealing account with another provider to AJ Bell Youinvest?

Q. Can I transfer an occupational pension to a SIPP?

Q. Can my employer contribute to my SIPP on my behalf?

Q. Can I give a member of my family access to my account(s)?

Q. Can I appoint a Representative to have access to my account(s)?

Q. Does AJ Bell offer any other SIPPs?

Q. What is the ‘pension input period’?

Q. Can I transfer out to another pension?

Q. What is taking benefits?

Q. How do I start taking benefits from my SIPP?

Q. How do I request an income payment from my SIPP?

Q. What are annuities?

Q. What is income drawdown?

Q. What happens if I die?

Q. What are the terms and conditions of your SIPP?

Q. What rules govern my SIPP?

Q. What if I change my mind?

Q. Are there any compensation arrangements covering your SIPP?

Q. Can you give me advice?

Q. What if I have any further questions?

Q. What if I have a complaint?

Q. How safe are my investments with you?

Q. How can I change my contact details held with you?

Important information
The value of investments can go down as well as up and you may not get back your original investment. Tax rules can change in the future and the tax treatment depends on your personal circumstances.
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Applying for a SIPP has just a few simple steps and only takes a few minutes.

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Free guide to SIPPs
Our FREE guide gives you
an introduction to SIPPs,
and how they can help you achieve your pensions goals...

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