Interactive Investor (II) and making a new SIPP Contribution ??

darren72

I transferred my SIPP over to Interactive Investor (II) a couple of years ago from Hargreaves Lansdown (HL).

With HL contributions could just be made into the SIPP using a debit card online - It was quick and easy.

With II I don't believe this is possible.

Does anyone know how to do so ? - I've looked on their website and there seems to be contribution forms which need to be sent through the post ? - I'm not sure if I understand this right or getting the wrong end of the stick.

Any advice from someone who has done this would be appreciated. I haven't contributed to the II SIPP for a couple of years now (I'm not sure if this makes a difference).

Thanks in advance

Judwin

darren72 wrote: »

I transferred my SIPP over to Interactive Investor (II) a couple of years ago from Hargreaves Lansdown (HL).

With HL contributions could just be made into the SIPP using a debit card online - It was quick and easy.

With II I don't believe this is possible.

Does anyone know how to do so ? - I've looked on their website and there seems to be contribution forms which need to be sent through the post ? - I'm not sure if I understand this right or getting the wrong end of the stick.

Any advice from someone who has done this would be appreciated. I haven't contributed to the II SIPP for a couple of years now (I'm not sure if this makes a difference).

Thanks in advance

I've always had to write out a cheque and post it together with the contribution form.


You have still got a cheque book haven't you?
Cheers
Judwin

darren72

Judwin wrote: »

I've always had to write out a cheque and post it together with the contribution form.


You have still got a cheque book haven't you?
Cheers
Judwin

Thanks Judwin - Yes, I still have a cheque book, although it doesn't get as much use as it used to.

So you just complete the contribution form and send with a cheque to II ? - Are they normally quite quick in applying the funds to your SIPP ?

Thanks

Judwin

darren72 wrote: »

Thanks Judwin - Yes, I still have a cheque book, although it doesn't get as much use as it used to.

So you just complete the contribution form and send with a cheque to II ? - Are they normally quite quick in applying the funds to your SIPP ?

Thanks

Yes - the funds land in the SIPP within about a week. The tax rebate from HMRC takes a lot longer though - took several months this time last year.


When filling out the contribution form, I usually have to ring III up because the account number you put on the form isn't your III account number, but one for the underlying pension wrapper supplied by "The Pension Company".


Cheers
Judwin

JasonPr

darren72 wrote: »

So you just complete the contribution form and send with a cheque to II ? - Are they normally quite quick in applying the funds to your SIPP ?

You can also make a bank transfer but unfortunately you have to send the form by post.