Jump to content
  • 0

Can you actually open a SIPP account with IG?


SammyM

Question

When I try to "add an account" and then click on SIPP, I get the message below. Does this mean that new clients can't yet open a SIPP account? Do you know when the new SIPP solution will be available? "Add account - IG SIPP - Coming Soon - A new way to invest for your retirement is coming soon. We will let you know as soon as you can open an IG SIPP."

Edited by SammyM
question was cropped
  • Great! 1
Link to comment

18 answers to this question

Recommended Posts

  • 0
Guest Al 2000

And today I went through the whole account starting up process only to discover that I can open a trading account, but not a SIPP - despite being advertised.

Link to comment
  • 0

No dates yet. James Hay stopped taking new clients from IG in October 2020 and IG have been promising to give details of a new provider since then. Despite saying in January it would be a few months, there is still no news. They also agreed to update the website but I'm not aware that they've done this yet. Beginning to think Interactive Investor might be a better option.

Link to comment
  • 0
On 14/04/2021 at 15:44, MichaelM47 said:

No dates yet. James Hay stopped taking new clients from IG in October 2020 and IG have been promising to give details of a new provider since then. Despite saying in January it would be a few months, there is still no news. They also agreed to update the website but I'm not aware that they've done this yet. Beginning to think Interactive Investor might be a better option.

Hey all, 

Regretfully, we’re currently not able to take on any new SIPP applications. We hope to offer new SIPP accounts soon and are working on contracting with a new provider.

Once we’ve established a solution, notifications will be provided either via email and/or banners on our website, and you’ll then be able to apply for a new SIPP account online through your My IG dashboard.

Thank you for your patience and understanding.

Link to comment
  • 0

Well - by my reckoning it’s now 8 months since IG stopped taking new SIPP clients. It does make me wonder whether they really want to continue operating in this space. The delay in completing negotiations must be due to management setting this as a low priority as even the most incompetent could have come up with a solution by now. 
Or is there a hidden agenda and they are negotiating a sale of this part of the business? 

Link to comment
  • 0

Apparently not - after 9 months wai I'm looking at alternatives ( this is for my daughter) and so far I'm veering towards Interactive Investor www.ii.com . They appear to have similar functionality and their fee structure is competitive. Does anyone have direct experience of them? 

  • Like 1
Link to comment
  • 0
1 hour ago, MichaelM47 said:

Apparently not - after 9 months wai I'm looking at alternatives ( this is for my daughter) and so far I'm veering towards Interactive Investor www.ii.com . They appear to have similar functionality and their fee structure is competitive. Does anyone have direct experience of them? 

The correct link is www.ii.co.uk FYI. Just in case anyone else was interested. Cheers. 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
      17,188
    • Total Posts
      81,081
    • Total Members
      65,782
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    kanyattej
    Joined 17/01/22 16:55
  • Posts

    • Market data to trade on Tuesday: USD/JPY; EUR/GBP; GS As the first central bank meetings of the new year start to take place, IGTV’s Daniela Sabin Hathorn takes a look at USD/JPY ahead of the Bank of Japan meeting on Tuesday. EUR/GBP is also in focus ahead of the UK unemployment reading for November, and on the corporate calendar Goldman Sachs (GS) takes the spotlight. https://www.ig.com/uk/market-insight-articles/market-data-to-trade-on-tuesday--usd-jpy--eur-gbp--gs-220117
    • Hi @Jgreen55 For ISAs, if there’s a share or ETF you’d like to invest in that isn’t on our list and you can't find on our platform, you can email a request to helpdesk.uk@ig.com with the stock name and ticker. We’re happy to see if we can add it to our platform.  Link: Help and support / Share dealing and ISAs   All the best - MongiIG
×
×
  • Create New...