Interactive Investor launches £5.99 a month Sipp - is it any good?

The flat-fee platform says it is leading a pension pricing shake-up. But how does it compare to other pensions on the market? We have all the details.

Morning connection
(Image credit: sturti)

Interactive Investor has cut the cost of its self-invested personal pension (Sipp) for small balances, lowering the monthly fee by £7. 

It means those with a pension pot worth less than £50,000 will now pay £5.99 a month for their Sipp. They previously paid £12.99.

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Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.