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Today, Moneyfacts has completed its annual assessment of the Self Invested Personal Pensions (SIPP) and Small Self Administered Scheme (SSAS) markets, and awarded its Star Ratings accordingly.
These ratings are relevant for anyone considering such a pension or scheme, as they allow you to hone in on those products with the highest quality. Our research team has done an extensive analysis, based on a vast knowledge-base and years of experience, to bring you those products that are deemed four or five-star-worthy.
Richard Eagling, Editor of Investment Life & Pensions, said: "When it comes to retirement planning, self-invested pensions such as SIPPs and SSAS have become a favourite among individuals looking for the most flexible pension products, but the enormous choice means that selecting the most appropriate provider can be difficult. The Moneyfacts SIPP & SSAS Star Ratings highlight the companies that offer the schemes with the most extensive range of features and competitive charges, helping consumers direct their focus when considering a scheme.
"The Moneyfacts Annual SIPP & SSAS Star Ratings concentrate on those features that are most relevant to the decision-making process, so that consumers get an extra seal of approval, which should give them the added assurance that they have found a high-quality product for their retirement needs."
If you'd like to know more about what these products entail, have a look at our guide on the different pension types. The full list of Star Ratings winners can be found here.
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. Moneyfacts.co.uk will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.