Glossary · Tax wrappers
SIPP
Self-Invested Personal Pension
A UK personal pension that lets the holder choose the underlying investments themselves.
Contributions to a SIPP normally attract tax relief at the contributor’s marginal rate, and investments grow free of UK income and capital gains tax. In exchange, the money is locked until the normal minimum pension age.
Withdrawals are taxed as income beyond the tax-free portion, so the wrapper defers and reshapes tax rather than removing it. How that nets out depends on the rates you pay now versus in retirement.
Like an ISA, a SIPP is a wrapper, not a product. The eligibility flags shown here reflect the source data for the fund; individual SIPP providers maintain their own permitted-investment lists.
How we calculate it
Eligibility flag sourced from issuer data.