How to open a Barclays Stockbrokers SIPP
Opening a Barclays Stockbrokers SIPP is simple and you can apply online or by post.
Here are a few steps to get ready:
- Check you're eligible. To open and fund a SIPP you must be under the age of 75. You also need to be a UK resident or have relevant UK earnings for the current tax year.
- Make sure you understand the important details. Our Key Features [PDF, 297KB] document covers the essentials. There is also additional information relating to taking benefits from your SIPP included in the Benefits Key Features [PDF, 273KB]
- Read our Terms & Conditions [PDF, 538KB]. When you apply, we'll ask you to confirm that you agree with them. Also have a look at our rates and charges.
- Have your personal information at hand. You'll need your National Insurance number, your employer's name and address - if your employer will be making contributions - and details of existing pension schemes that you want to transfer to your new SIPP.
Things to remember:
It's important to remember that:
Not all pensions can be transferred to our SIPP. It may not be in your best interest to move certain pensions. That's why we don't accept transfers from defined benefit pension schemes like final salary plans. Also, you should make sure that you are not losing any valuable benefits or rights before transferring any other type of scheme.