Fidelity SIPP tax relief payments

DietIrnBru

I’ve had a Fidelity Sipp a few months now, my pension relief is pending - no issue - question is will the cash on receipt be automatically invested into the index fund or will I need to manually login and do it. My current strategy is a direct debit, automatic buy and forget. 

DeLaSole

Hi Diet,

With Fidelity, your tax relief follows the strategy of the linked contribution. Thus, if your DD is assigned to the index fund, upon its arrival the the tax relief will automatically be invested into that fund.

Best wishes.