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.
We will automatically send you a number of documents in relation to your SIPP account. Some arrive via email notification with a link to view them in the app, others are available to download directly from the app.
Here's the full list:
Welcome Pack
A summary of your SIPP account terms, including links to the Trading 212 and Platform One Terms and Conditions. Sent to you by email when you open your SIPP and agree to our terms.
Cash Warning
An alert to let you know that more than 25% of your SIPP balance has been held in cash for over six months, highlighting the potential risk of inflation eroding the value of your savings. Sent to you by email automatically once the conditions are met.
Activity Statement
A record of your recent account activity, including contributions, tax relief, transfers, and withdrawals. Sent to you by email and also available to download in the app under Menu > Documents.
Transaction Statement
A full record of all deposits, withdrawals, and movements in your SIPP account, including your address. Available to download in the app under Menu > Documents.
Annual Benefits Statement
Your yearly summary of your SIPP, covering its value, performance, charges, and a projection of your potential benefits at retirement. Sent to you by email on your account opening anniversary each year. You can also view it in the app under Menu > Documents > Pension Documents.
Pension Savings Statement
A tax-related statement issued if your contributions in the previous tax year exceeded your Annual Allowance (£60,000, or £10,000 if the Money Purchase Annual Allowance applies to you). Sent to you by email annually in May. You can also view it in the app under Menu > Documents > Pension Documents.
Wake Up Pack and Retirement Options Booklet
An informational pack outlining your retirement options, helping you understand the choices available to you before you access your pension. You can also view these documents in the app under Menu > Documents > Pension Documents.
Flexible Access Statement
A confirmation that you have triggered the Money Purchase Annual Allowance (MPAA) following your first UFPLS withdrawal, which reduces your annual contribution limit to £10,000. Sent to you by email after your first withdrawal. You can also view it in the app under Menu > Documents > Pension Documents.
Relevant Benefit Crystallisation Event (RBCE) Statement
A summary of your recent UFPLS withdrawal, showing how much of your Lump Sum Allowance (LSA) and Lump Sum Death Benefit Allowance (LSDBA) has been used and how much remains. Sent to you by email after each withdrawal. You can also view it in the app under Menu > Documents > Pension Documents.
Pre-Sale Illustration
A projection of what your pension transfer could be worth at your intended retirement age, based on the estimated transfer value. Sent to you by email when you request a pension transfer in. You can also view it in the app under Menu > Documents > Pension Documents.
Post-Sale Illustration
An updated projection of what your SIPP could be worth at retirement, using the actual transfer amount received. Sent to you by email on completion of a pension transfer in. You can also view it in the app under Menu > Documents > Pension Documents.
Pension Payslip
A breakdown of each taxable withdrawal, showing the gross amount, tax deducted, and net payment. Sent to you by email after each taxable withdrawal is processed. You can also view it in the app under Menu > Documents > Pension Documents.
P60 End of Year Summary
A summary of the total income paid from your SIPP and the tax deducted during that tax year. Sent to you by email after the end of each tax year if you received taxable income from your SIPP. You can also view it in the app under Menu > Documents > Pension Documents.
Benefit Agreement Letter
A document showing the figures for your upcoming withdrawal for you to review and confirm before it is processed. Sent to you in-app during a withdrawal request.