1 Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK. Amounts drawn from your SIPP at retirement are subject to income tax at prevailing rates.
2 If you have an active CFD or spread betting account that is accessible under the same login as your stockbroking account, you’ll automatically qualify for our lowest commission rate if you’ve placed at least one spread bet or CFD trade in the previous calendar month. If you do not have a CFD or spread betting account with IG, your commissions will be determined based on your share-dealing activity (UK stocks only). Place 10+ trades in the previous month to qualify for a £5 commission rate. See our full list of share dealing charges and fees.
3 If you earn more than £150,000 per tax year, the annual allowance reduces by £1 for every £2 earned above £150,000, down to a minimum of £10,000.
4 IG SIPPs are administered by James Hay, who charge a £195 annual fee and may charge for transferring investments not currently held in a SIPP. You may be out of the market for a period while your transfer takes place.