Based in Manchester and with offices in Leeds, London and Dundee, Interactive Investor employs more than 500 people. The company is the UK’s number one flat-fee investment platform, with over £30 billion of assets under administration and over 350,000 customers.
SIPP
With Interactive Investor’s SIPP you choose how and where your pension is invested, giving you the opportunity to invest in a wider set of stocks and shares than traditional pensions, including: Unit trusts, Investment trusts, UK shares, UK government bonds and Permanent Interest-Bearing Shares. Whatever you contribute is topped up with an additional 20% from the Government. Higher rate and additional rate tax payers can claim back further tax relief through a Self-Assessment tax return. From the age of 55 you can withdraw up to 25% of the value of your SIPP tax-free.
Other Services
As well as SIPPS, Interactive Investor also offer Stocks, Shares and ISAs.
Interactive Investor Reviews and Ratings
Online reviews for Interactive Investor are very good, particularly on Trust Pilot which has a stream of very positive comments. In particular, customers praise the personal service that Interactive Investor offer, the helpful, knowledgeable staff and easy to use platform.
Trust Pilot – 4.7/5 (based on 9321 reviews)
Reviews.io – 2.2/5 (based on 12 reviews)
Pros
- £60 discount on new SIPP accounts
- Special offer: £100 of free trade credits
- Flat rate fees which covers you for multiple accounts
- One free trade per month: get back £7.99 credit every month to buy or sell any investment
- Award-winning: Trust Pilot ‘Excellent’ Review
- Positive customer feedback and user experiences
Cons
- Some complaints of slow email response time
- Some misinformation about the ability to set up corporate accounts
- Some Euro balance discrepancies with trading accounts
- Offices and telephones not open on weekends
Website: Interactive Investor