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Starting a SIPP


I want to put a lump sum into a SIPP or similar pension and get the 20% uplift.

I earned 17000 in the year ending March 2020 and can put that in if I can, I paid in £2500 pension contributions from my salary and employer paid in £3500.

Does anyone know a lost cost SIPP or drawdown and how much maximum lump sum can I put in?

Created By on 01/01/2021

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30th Jan 2021 14:04:40
Thanks for voting!
I took redundancy in September 2020 and have applied to Fidelity UK to transfer my pension into drawdown. Although they are very friendly and helpful over the phone, actually getting the job done they are pretty useless. I've made endless calls and sent emails for them to complete a simple one page form and they are unable or unwilling to do so.
I would give them a wide berth when contemplating who to go with.

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