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Do I Have To Decide How To Invest My SIPP Funds Straight Away?

No, you do not need to decide how to invest your SIPP funds straight away. Upon opening a SIPP and either making a contribution or transferring funds from another pension, we will open a SIPP bank account with Metro Bank. This account currently pays our published interest rate and is where your funds will sit until you make a decision on how to invest them.

Please note the value of investments, and any income from them can go down as well as up and you may not get back your original investment. We do not offer advice about the suitability of our products or any investments held within them. Should you require financial advice you should consult a suitably qualified financial adviser


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