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Anonymous
Asked a question last year

Why are SIPPs more expensive than other types of investment accounts? I am thinking of opening one but they all seem so much more expensive than what I am used to.

Where am I?

In Koody Community you can ask and answer questions and share your experience with others!

Using Vanguard Investor (my personal choice of platform) - SIPP’s are the same cost as ISA‘s.

Both have platform fees of 0.15% up to 250k and can invest in the same funds in both e.g VUSA which is 0.07%.

Total fees of 0.22% which is very low!