We recently had a chance to review the low cost SIPP options offered by one of our recommended SIPP platforms provided by European Pensions Management who are based in Salisbury, Wilts.  The starter SIPP has no set up cost and the annual fee is £75. This charge applies as long as the contributions per annum do not exceed £3,600 gross (£2,880 net) and the overall value of the pension does not exceed £15,000.  

The Starter SIPP does not usually accept transfers-in but this can be done under special conditions. Protected Rights cannot be held within the Starter SIPP.  Overall, an attractive entry-level product for a younger saver who wishes to start their SIPP early on.