SIPP accounts are currently offered on a Beta basis and are available only to a limited number of users for testing purposes. During this period, features, functionality, and availability may be subject to change or withdrawal without notice.
We will announce when SIPP accounts become available to eligible UK-resident clients of Trading 212 UK Ltd.
From 6 April 2024, the old Lifetime Allowance (LTA) was replaced by new allowances, including the Lump Sum Allowance (LSA). If you took pension benefits before this date, your remaining LSA is typically calculated using a standard default method.
You may be able to apply for a Transitional Tax-Free Amount Certificate (TTFAC) to take more tax-free cash from your pension if the standard calculation doesn't accurately reflect the amount you actually received.
📄 Note
You can apply to Trading 212 (or any other pension scheme you are a member of) if you wish to obtain a TTFAC.