Invinitive SIPP Review 2026: What Non-UK Residents Need to Know
If you are researching the Invinitive SIPP because you have UK pension assets and now live abroad, this review sets out what the platform is, how it works in practice for non-UK residents, and the key planning questions you must answer before any transfer or consolidation decision. The Invinitive SIPP is one of the newer International SIPP propositions on the market, and it has been built from the ground up with cross-border clients in mind. It is not the right structure for every internationally based client, but where it fits, it fits well.
We have completed direct due diligence on the platform, we work with it for live client cases, and we have no commercial relationship with Invinitive that influences our view. To understand how an International SIPP fits within wider cross-border planning, you may also want to read our dedicated International SIPP page before proceeding.
CAMERON JAMES UK & EXPAT FINANCIAL PLANNING
Is the Invinitive SIPP the right fit for your circumstances abroad?
Cameron James has advisers that are FCA, SEC, CySEC, and Gibraltar-regulated. We advise non-UK residents on International SIPP suitability, multi-currency drawdown, and cross-border tax planning.
| DOMINIC JAMES MURRAY CEO & Founder, Cameron James “Invinitive is one of the newer providers we have been watching closely, and they have genuinely impressed us. What stands out immediately is their clarity of purpose: they have built a platform that works for non-UK residents who need a properly administered International SIPP. The platform is FCA-authorised, the fee structure is among the most transparent and cost-effective we have seen in this space, and the multi-currency capability, with benefits payable in up to seven currencies, addresses one of the most consistent practical frustrations our non-UK resident clients raise when dealing with traditional UK SIPP providers.” “One thing we particularly appreciate about Invinitive’s approach is their honest treatment of the adviser relationship in the international context. They are explicit that non-UK residents require a financial adviser to open and manage the account, not just as a regulatory hurdle, but because that is the right way to manage a cross-border pension arrangement. Regulatory responsibility sits with the adviser’s local licence, and Invinitive applies appropriate oversight to that relationship. That kind of clarity is exactly what we want to see from a platform partner.” |
What Is the Invinitive SIPP?
A Self-Invested Personal Pension, or SIPP, is a UK-registered pension arrangement that gives you greater control and flexibility over how your retirement savings are invested compared to a traditional personal pension. All SIPPs are governed by HMRC rules and regulated by the Financial Conduct Authority. There is no legal difference between a standard SIPP and an International SIPP. The distinction is practical, not structural: an International SIPP is simply one where the provider has built its onboarding, servicing, and administration infrastructure to accommodate non-UK residents in a compliant manner.
The Invinitive SIPP is operated and administered by Invinitive Financial UK Ltd, FCA Firm Reference Number 964301. It is open to UK residents who can open and manage their account directly, and to non-UK residents who must work with a regulated financial adviser. It is the non-UK resident proposition that we focus on in this review.
Invinitive SIPP at a Glance
- UK-registered pension structure, governed by HMRC rules and regulated by the Financial Conduct Authority.
- Operated and administered by Invinitive Financial UK Ltd, FCA Firm Reference Number 964301.
- Open to both UK residents and non-UK residents with UK pension assets.
- Non-UK residents require a regulated financial adviser to open and manage the account.
- Benefits can be paid in up to seven currencies, including GBP, USD, and EUR.
- Transparent flat-fee and low-percentage charge structure with no hidden fees, no spreads, and no commissions.
- Financial Services Compensation Scheme protection up to £85,000 per eligible claimant
Invinitive does not provide financial advice. Its role is that of a platform and administration provider: holding assets, processing transactions, facilitating benefit payments, and maintaining the regulatory and reporting obligations of the SIPP wrapper. This is a deliberate and appropriate division of labour, particularly for non-UK resident clients whose cross-border planning needs go well beyond what any platform can address directly.
| JONATHAN LAWS Senior IFA, Cameron James “The adviser relationship is the most important piece of the puzzle for any non-UK resident considering a SIPP. Invinitive understands that clearly. They are transparent about the fact that their permissions and regulatory licence carry the risk in the international space, and they apply oversight to the adviser relationship accordingly.” “What that means in practice is that the platform works well precisely because they are not trying to be everything to everyone. They provide the infrastructure. We provide the advice. That division of labour, done properly, is exactly what internationally mobile clients need. The multi-currency withdrawal capability solves a real problem for our non-UK resident clients, and the transparent fee structure means we can model total costs accurately for each client without worrying about what is buried in the fine print.” |
How the Invinitive International SIPP Works in Practice
The Invinitive platform provides the pension administration, custody, and dealing infrastructure. Clients access the SIPP through a fully digital member portal with 24/7 online access to valuations, transaction history, performance reporting, and all scheme documents. Real-time pricing is available for listed assets, and end-of-day valuations apply to funds. The platform supports online dealing in equities, exchange-traded funds, and collective investments, with telephone dealing also available for non-urgent instructions.
Working With a Financial Adviser
For non-UK resident clients, the involvement of a regulated financial adviser is not optional. It is a core requirement of how the Invinitive International SIPP is structured. A non-UK resident cannot open an Invinitive SIPP without an adviser in place, and ongoing management of the account is expected to be adviser-led.
This matters for reasons that go beyond Invinitive’s own policies. Financial advice regulation is determined by the client’s country of residence, not the location of the pension assets. An FCA-regulated adviser based in the UK generally cannot provide ongoing advice to clients living abroad without holding the relevant regulatory permissions in that country, or being able to apply, often very narrow, exemptions.
At Cameron James, this is precisely the framework within which we operate. Our advisers hold the dual FCA and SEC regulatory permissions required to serve US-connected clients, alongside CySEC and Gibraltar permissions for clients across multiple jurisdictions. When we place a client into an Invinitive SIPP, we do so as their locally authorised adviser, which means the advice is compliant in both the UK and the client’s country of residence. Invinitive provides advisers with dedicated tools to implement investment strategies, monitor client portfolios, and access the reporting information required to discharge their regulatory duties. The adviser hub is designed for a genuinely collaborative working relationship, not a sign-and-forget structure.
Who the Invinitive International SIPP May Be Suitable For
The Invinitive SIPP is not a one-size-fits-all pension solution. Suitability depends on individual factors, including residency, tax position, investment objectives, currency needs, and retirement income planning. The following sections set out the client profiles where the platform is most often a fit, and where it is not.
Internationally Mobile Clients and Non-UK Residents
The Invinitive SIPP is explicitly open to non-UK residents who have, at some point, built up UK pension assets and now live abroad. This includes UK nationals abroad who have left behind defined contribution pensions, personal pensions, or other SIPPs, and who want to consolidate and manage those assets in a well-governed, UK-regulated environment without being forced into an offshore structure.
The multi-currency capability is a particular strength here. Unlike many mainstream UK SIPP providers, Invinitive supports benefits payable in multiple currencies, including GBP, USD, and EUR, and allows clients to hold cash in multiple currencies within their account. For a client living in the United States, the Eurozone, or elsewhere, this materially reduces the foreign exchange friction that would otherwise be embedded in every income payment.
However, non-UK resident use is always case-by-case. Tax treatment, reporting obligations, and whether the structure is permissible at all will depend heavily on your country of residence and your wider financial profile. This is exactly why tailored advice matters before any transfer, consolidation, or drawdown decision is made.
A Note for UK Residents: A Self-Directed Option
While this guide focuses primarily on the International SIPP for non-UK residents, it is worth noting that Invinitive also offers a straightforward, self-directed SIPP for UK residents. This is one of the features that distinguishes Invinitive from some other International SIPP providers, which are structured exclusively for offshore clients.
For UK residents, Invinitive provides a modern, low-friction alternative to traditional retail platforms: transparent fees, full online access, straightforward onboarding, and a broad investment universe, all with UK regulatory protection. UK residents can open a SIPP directly through the Invinitive website without the requirement for a financial adviser, although working with an adviser remains strongly recommended for anything other than straightforward accumulation.
Invinitive also offers a General Investment Account and a Stocks and Shares ISA for UK residents, alongside children’s versions of each product to support intergenerational wealth planning. This breadth means that as a family’s needs evolve, including UK residents who later move abroad, returning UK nationals, or those managing assets across generations, the platform can often continue to serve them without the disruption of a provider change.
What Happens to Your Invinitive SIPP When You Die as a Non-UK Resident?
For non-UK residents, having your SIPP correctly set up, with your actual residential address and tax residency transparently on file with the trustee, is fundamental. It is a basic cornerstone of intergenerational wealth planning, and it is something that Invinitive handles correctly by design.
It still confounds us when we see non-UK resident clients choosing to hide, or not disclose, their real residential address and tax residency to a trustee in an attempt to retain a provider arrangement that was never designed to service non-UK residents long term. Being with a SIPP provider that accepts and services non-UK residents properly provides enormous peace of mind for beneficiaries and for intergenerational planning, while keeping the arrangement compliant and less exposed to the abrupt disruptions seen from other providers in recent years.
| PLANNING RISK Dying as a Non-UK Resident With the Wrong SIPP Provider This is a significant distinction for those who pass away as non-UK residents with UK pension assets held with a SIPP provider that never accepted, or no longer accepts, non-UK residents. It can be a tax and administrative nightmare. Many schemes will not provide survivor pensions for non-UK resident beneficiaries, and some enforce a fully cash withdrawal, which in most countries will be subject to local income tax. This issue is particularly acute for clients holding pensions with mainstream UK providers such as Royal London or Aegon, both of which apply meaningful restrictions to non-UK resident members and their beneficiaries. There is also a substantial burden placed on beneficiaries, who may suddenly need to become cross-border tax and pension experts at precisely the wrong moment. Being with a provider like Invinitive, which services non-UK residents transparently, removes that risk entirely. |
Retirement Options Available Through the Invinitive SIPP
Benefits can be taken from age 55, rising to 57 from 2028 under current legislation. The Invinitive SIPP supports the following access options.
Flexi-Access Drawdown
Flexi-Access Drawdown is the most commonly used route for clients in retirement. Under FAD, you can draw any amount at any frequency with no upper or lower limit. Up to 25 per cent of the crystallised fund can be taken as a Pension Commencement Lump Sum, with the remainder taxable as pension income under PAYE. Triggering FAD activates the Money Purchase Annual Allowance, reducing future contribution capacity to £10,000 per annum.
For non-UK residents, the tax treatment of the 25 per cent depends on local tax rules and the applicable Double Taxation Agreement. Independent tax advice is always required. Benefit crystallisations under the Invinitive SIPP are processed free of additional scheme charges.
Uncrystallised Funds Pension Lump Sum
An Uncrystallised Funds Pension Lump Sum, or UFPLS, is a single or a series of lump-sum withdrawals taken directly from uncrystallised funds. Each payment is 25 per cent tax-free and 75 per cent taxable at the member’s marginal UK income tax rate. Like FAD, taking a UFPLS triggers the Money Purchase Annual Allowance. There is no upper limit on the payment amount, subject to available Lump Sum and Death Benefit Allowance headroom of £1,073,100 for the 2025/2026 tax year.
Annuity Purchase
There is no compulsory requirement to purchase an annuity at any time. You may use some or all of the SIPP to purchase a third-party annuity from age 55 onwards. You and your adviser are responsible for sourcing and comparing annuity providers on the open market. In practice, annuity purchase is rarely the right route for non-UK residents and is particularly challenging to implement for clients in the United States.
On Death
For deaths before age 75, the fund can be paid as a lump sum or as beneficiary drawdown free of UK income tax. Local tax laws will apply, and independent third-party tax advice should be sought. For deaths after age 75, benefits are subject to UK tax at the beneficiary’s marginal rate, although local tax laws and Double Taxation Agreements will dictate the true tax position. Death benefits are paid at the discretion of the trustee, guided by the member’s nominated beneficiaries.
From April 2027, UK Pensions are coming into scope of UK Inheritance tax.
Transfers In and Other Technical Considerations
If you have existing UK pension arrangements, including previous workplace pensions, personal pensions, or another SIPP, it may be possible to transfer those funds into the Invinitive SIPP. Pension transfers can simplify administration, consolidate your retirement savings in one place, and potentially improve investment options and cost efficiency. Invinitive states that transfers typically take 30 to 45 calendar days to complete, depending on the transferring provider.
Pension transfers require careful due diligence. This includes assessing the value of any benefits being given up at the transferring scheme, particularly for defined benefit or final salary pensions, which require specialist FCA-authorised advice from a Pension Transfer Specialist. It also means reviewing transfer values, charges, performance, and any exit penalties, and confirming that the receiving scheme is suitable for your circumstances. It is worth noting that Invinitive does not accept transfers from pensions with safeguarded benefits.
If you change your mind after establishing the SIPP, there is a 30-day cancellation period from the date you receive a cancellation notice. Upon cancellation, any contributions or transfers already invested may need to be sold to repay you, which means the value returned may be less than the amount paid in if markets have moved.
Practical Adviser View: What Works Well and What Clients Should Know
Having reviewed the Invinitive SIPP in detail, completed our internal due diligence, and begun working with the platform for adviser-led client cases, our view is that it is one of the more capable and cost-effective options available for internationally mobile clients with UK pension assets.
What Works Well
The multi-currency functionality is a genuine standout feature. The ability to hold cash in GBP, USD, and EUR within a single SIPP account, and to receive benefit payments in up to seven currencies, addresses the most common practical frustration for non-UK resident clients managing income from a UK pension. This is a meaningful structural advantage over providers that operate exclusively in GBP and require clients to absorb the friction and cost of multiple currency conversions on every withdrawal.
The investment range is broad and suitable for adviser-managed portfolios. The platform supports UK and international equities on recognised stock exchanges, collective investments including OEICs, unit trusts, ETFs, and investment trusts, alongside multi-currency cash deposit accounts. Online dealing is live and accessible through the member portal, with telephone dealing available for non-urgent instructions.
The fee structure is among the cleanest we have seen in the International SIPP space. Invinitive operates on a fully transparent basis with no hidden charges. The annual SIPP fee, platform custody charge, and trading costs are all clearly stated, and benefit crystallisations are processed free of additional scheme charges. For clients with meaningful pension assets, the platform custody fee, capped at £400 per annum, is a particularly cost-effective feature at higher asset levels.
The digital infrastructure is modern and well executed. Secure 24/7 online access, real-time valuations, a document vault, and digital onboarding all reduce the administrative friction that can make cross-border pension management unnecessarily complex. Applications are fully digital, which matters for internationally dispersed clients who cannot attend meetings in person.
Key Practical Points
- Non-UK residents must work with a financial adviser; direct applications are not available for internationally mobile clients.
- The platform is digital-first, with full online dealing and account management through the member portal.
- Multi-currency cash holding in GBP, USD, and EUR, and multi-currency benefit payments in up to seven currencies, are core platform features.
- The fee structure is fully transparent: no hidden charges, no commissions, and no spreads on trades.
- For internationally dispersed clients, the key planning issues remain tax residency, reporting obligations, currency strategy, and withdrawal sequencing, not just the platform choice.
- Digital onboarding, including identity verification and document upload, makes the process workable for clients who cannot attend in-person meetings.
Cross-Border Planning Considerations for Non-UK and US-Connected Clients
For clients who have moved abroad, or who have links to more than one tax jurisdiction, the Invinitive SIPP may come up as part of a broader cross-border planning discussion. In practice, the decision is rarely just about the pension wrapper itself. It usually involves tax treatment, local reporting obligations, platform access rules, adviser permissions, and how income will actually be taken in retirement.
Non-UK Resident Clients
The Invinitive SIPP is open to non-UK residents who have UK pension assets to consolidate and manage. Eligibility in principle is not the same as accessibility in practice. Clients and advisers still need to confirm that the structure can be used compliantly under the regulations in force in the client’s country of residence, as not every jurisdiction permits UK SIPP membership or ongoing servicing in the same way.
The practical takeaway is consistent with what we say about any International SIPP: the platform may be available to a non-UK resident, but the real planning question is how it will be taxed, reported, and used in the country where the client actually lives. That question requires a properly qualified cross-border adviser, not just a pension administrator.
US-Connected Clients
US-connected clients, including US citizens, green card holders, and anyone with US tax reporting obligations, face a more specialised level of planning complexity. An Invinitive SIPP may be usable by some US-connected individuals where the investment portfolio is structured appropriately, but this is not a straightforward determination.
The investment side requires particular attention. US taxpayers face complex reporting requirements under FBAR and FATCA, and the fund selection within the SIPP must be managed carefully to avoid problematic classifications under US tax law, particularly around Passive Foreign Investment Company rules. The Invinitive platform’s investment range is broad, but how it is configured for a US-connected client will depend entirely on the advice provided and the specific tax profile of the individual.
For US-connected individuals considering any UK SIPP, the wider planning context remains critical. This includes UK and US tax treaty interpretation, FBAR and other reporting obligations, local tax treatment of pension income and lump sums, and platform suitability based on the client’s full residency and tax profile. In other words, the right answer lies in the cross-border planning, not just the platform name.
Invinitive SIPP Charges, Risks, and Important Limitations
Invinitive SIPP Charges 2025/2026
The Invinitive fee structure is published in full in the Invinitive SIPP Key Features document 2025/2026. Unlike some International SIPP providers, Invinitive does not layer hidden charges into the structure.
| Charge | Detail |
| Annual SIPP fee (under £50,000) | £0 per annum |
| Annual SIPP fee (£50,000 and above) | £150 per annum, charged annually |
| Platform custody fee | 0.25% per annum, capped at £400 per annum, charged quarterly |
| Online trading | £7.95 per trade, no spreads, no commissions |
| Telephone trading | £25 per trade |
| Foreign exchange charge | £7.95 flat fee per trade |
| Benefit crystallisation | Free |
| Transfer out and closure | £250 in the first 12 months; £0 thereafter |
Adviser fees are agreed separately between the client and their adviser and documented prior to any payments being made. Underlying investment charges, including fund Ongoing Charge Figures, are in addition to the above.
The platform custody fee cap of £400 per annum is one of the most compelling features of the Invinitive charge structure for larger portfolios. A pension of £500,000 would be charged a maximum of £400 for custody, equivalent to 0.08 per cent, which compares very favourably with many tiered percentage-based structures at that asset level.
FSCS and Client Asset Protections
Invinitive Financial UK Ltd participates in the Financial Services Compensation Scheme. Clients may be entitled to compensation of up to £85,000 per eligible claimant in the event that Invinitive is unable to meet its obligations as a SIPP operator. Client assets are held separately from the firm’s own accounts in line with applicable safeguarding rules. FSCS coverage applies to clients worldwide; your country of residence does not affect your entitlement to UK regulatory protection for UK-regulated pension assets.
Is the Invinitive International SIPP Right for You?
The Invinitive SIPP is a strong option for internationally mobile clients who need a UK-registered pension structure with a modern digital platform, transparent pricing, and genuine multi-currency functionality. For UK residents, it also provides a clean, self-directed option that sits alongside the adviser-led route.
For non-UK residents, access is exclusively through a regulated financial adviser. The questions to ask before proceeding include the following.
- Is a UK SIPP the most appropriate structure for your situation, or would an alternative such as a QROPS, QNUPS, or offshore bond better serve your cross-border planning needs?
- Have you considered the currency implications of holding a UK pension if you plan to retire outside the UK?
- If you are a US-connected individual, have you received advice that specifically addresses IRS reporting obligations alongside UK pension planning?
- Are you aware of the tax treatment of UK pension income in your country of residence, and has this been modelled as part of your overall retirement plan?
- Is your current financial adviser authorised to advise clients resident in your country, and are they truly equipped for cross-border pension planning, or primarily a domestic UK adviser?
These are the conversations Cameron James’ advisers have with clients before recommending any platform or product. The Invinitive SIPP may well be the right structure, but that determination should come at the end of a thorough planning process, not the beginning.
How to Compare International SIPPs Properly
For internationally mobile clients researching their options, the International SIPP market can appear confusing. Multiple providers offer similar-sounding products, and comparison articles often focus on surface-level features rather than the factors that actually determine suitability. At Cameron James, we approach platform comparison from the following perspective.
- Understand the total cost, not just the platform charge. The platform charge is the most visible number, but the total cost of ownership includes underlying fund OCFs, trading costs, FX charges, and adviser fees. A platform with a £400 custody cap may look expensive on a small pot but be highly competitive at £300,000 and above. We model total costs for each client scenario, not just headline rates.
- Match the investment range to your actual needs. Invinitive supports a wide range of equities, funds, and ETFs, with multi-currency cash holding. It is a platform that accommodates both direct investor mandates and adviser-managed portfolios. If a client’s needs extend to direct alternative assets, property, or non-standard holdings, a different platform may be required.
- Examine currency terms carefully. This is often overlooked in standard comparison articles. Invinitive’s multi-currency withdrawal capability, in up to seven currencies, is a meaningful differentiator for clients who do not plan to retire in the UK. How this interacts with local tax on pension income is a separate question that requires adviser input.
- Assess platform stability and governance. Invinitive is an independently owned, FCA-authorised firm with a clear philosophy around governance, transparency, and cost control. It is not yet a provider with a decades-long track record, but its approach to regulated oversight and its explicit focus on doing a smaller number of things well are encouraging signals for clients seeking long-term stability.
- Confirm adviser compatibility. Not all advisers are authorised to use all platforms, and more importantly, not all advisers are authorised to advise clients in all jurisdictions. Cameron James advisers are set up to work with Invinitive and hold the cross-border regulatory permissions required to serve internationally mobile and US-connected clients.
What This Means for You
If you have come to this article because you are weighing up whether to consolidate your UK pensions into the Invinitive SIPP, the most important takeaway is that the right platform is the one that fits the country you actually live in, the income you actually need, and the beneficiaries you actually want to provide for. The Invinitive SIPP scores well on the structural questions: it is FCA-regulated, it accepts non-UK residents transparently, it offers genuine multi-currency drawdown, and the fee schedule is published in full. Those are not small points.
The wider planning questions, such as how a UK pension interacts with the tax system in your country of residence, what your withdrawal sequence should look like, whether your beneficiaries are properly nominated, and how the April 2027 IHT changes will affect your estate, sit with the adviser, not the platform. Get those answered first, and the platform decision becomes the easier part of the conversation.
Speak to a Cameron James Adviser About Invinitive SIPP Suitability
Cameron James advisers have extensive experience with cross-border pension planning for internationally mobile and non-UK resident clients. We work with a range of pension platforms, including the Invinitive International SIPP, and our role is to assess what is genuinely right for each client’s individual situation, not to recommend a specific product.
If you would like to discuss your pension position, whether you are considering consolidating existing UK pensions, approaching retirement, or simply want an independent view on whether your current arrangements remain appropriate, we would be happy to have an initial conversation.
| BOOK A CONSULTATION Speak to a Cameron James adviser about whether the Invinitive International SIPP is the right structure for your circumstances. Our advisers are FCA, SEC, CySEC, and Gibraltar-regulated, and we work with clients across the UK, USA, Europe and further afield. → Contact us here |
Frequently Asked Questions: Invinitive SIPP
What is the Invinitive SIPP?
The Invinitive SIPP is a UK-registered Self-Invested Personal Pension operated by Invinitive Financial UK Ltd, which is authorised and regulated by the Financial Conduct Authority under FCA Firm Reference Number 964301. It is designed to be accessible to both UK residents and non-UK residents with UK pension assets. For UK residents, a direct self-directed route is available. For non-UK residents, the SIPP must be opened and managed through a regulated financial adviser. It supports a wide range of mainstream investments and multi-currency functionality, with benefits payable in up to seven currencies.
Can non-UK residents open an Invinitive SIPP?
Yes, but with conditions. Non-UK residents who have UK pension assets can open an Invinitive SIPP, provided they do so through a regulated financial adviser. Direct applications are not available for internationally mobile clients. Eligibility in principle is also not the same as suitability in practice. Regulations in the client’s country of residence may affect whether ongoing pension membership is permissible, and the tax treatment of contributions, growth, and withdrawals will vary by jurisdiction. Individual assessment by a qualified cross-border adviser is essential.
Does Invinitive provide financial advice?
No. Invinitive Financial UK Ltd is a pension operator and platform administrator, not a financial advice firm. It holds your assets, processes contributions and withdrawals, facilitates dealing, and maintains the regulatory and reporting obligations of the SIPP wrapper. All investment decisions and suitability assessments must come from your appointed financial adviser. Invinitive provides advisers with the tools and infrastructure to put investment strategy into practice; the advice itself remains the adviser’s responsibility. This is a deliberate feature of the model, not a gap in the service.
What currencies can I receive Invinitive SIPP benefit payments in?
Invinitive supports benefit payments in up to seven currencies, which is a meaningful distinguishing feature for non-UK residents. Within the account, you can hold cash in GBP, USD, and EUR. This multi-currency capability reduces the foreign exchange friction associated with receiving a UK pension income from abroad. The specific currencies available for outgoing payments should be confirmed with Invinitive directly, or through your adviser, at the point of planning your drawdown strategy.
What are the Invinitive SIPP charges?
The Invinitive charge structure is fully transparent. The annual SIPP fee is £0 for pots under £50,000 and £150 per annum for pots of £50,000 or more. The platform custody fee is 0.25 per cent per annum, capped at £400 per annum and charged quarterly. Online trading costs £7.95 per trade with no spreads and no commissions. Telephone trading costs £25 per trade. The foreign exchange charge is £7.95 per trade. Benefit crystallisations are free. Transfer out or closure costs £250 in the first 12 months and nothing thereafter. Adviser fees are agreed separately.
Is the Invinitive SIPP suitable for US-connected clients?
It may be, but US-connected clients, including US citizens, green card holders, and anyone with US tax reporting obligations, face a more specialised set of planning considerations than other international clients. The investment portfolio within the SIPP must be structured carefully to manage US tax law requirements, including FBAR and FATCA obligations, and Passive Foreign Investment Company rules. Platform suitability forms only part of the picture. The interaction between UK pension structures and US tax law, including the UK and US double tax treaty, requires specialist advice from an adviser regulated to serve US taxpayers. Cameron James’ advisers operate within the regulatory frameworks required for this work.
Can I transfer an existing UK pension into the Invinitive SIPP?
In most cases, yes. The Invinitive SIPP can accept transfers from other SIPPs, personal pensions, stakeholder pensions, and defined contribution schemes. Defined benefit pensions, however, cannot be transferred directly. Transfer timelines are typically 30 to 45 calendar days, depending on the transferring provider. For internationally mobile clients, additional complexity may arise around overseas transfer rules and local reporting obligations. A Cameron James adviser can assess the full picture before any transfer is initiated.
How does Invinitive compare to other International SIPP providers?
Invinitive sits at the more modern, low-cost end of the International SIPP market. It compares favourably on transparent fees, the £400 custody fee cap for larger portfolios, the seven-currency benefit payment capability, and the digital-first onboarding experience. Where established providers may offer longer track records and broader investment ranges, including direct property, Invinitive offers cleaner pricing and a clearer adviser-led model for non-UK residents. The right comparison for any individual client depends on portfolio size, country of residence, drawdown plans, and beneficiary structure. We model these comparisons on a case-by-case basis.
| DISCLAIMER This article is for informational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified and regulated financial adviser before making any decisions about your pension or financial planning arrangements. Tax laws are complex and vary by individual circumstance. Cameron James does not offer tax advice.This post is not targeted at UK Residents, and has no connection to any FCA authorised advice or advice firm.Invinitive SIPP information referenced in this article is drawn from the Invinitive SIPP Key Features document 2025/2026 and from publicly available documentation on www.invinitive.co.uk, current as of 2025/2026. Charges, product features, and FSCS limits are subject to change; always refer to the provider’s current Key Features document and the FSCS website before proceeding. Cameron James does not receive commission from Invinitive or any other platform provider in connection with client referrals.Non-UK residents should be aware that UK pension rules interact with local tax laws and reporting obligations in their country of residence. Independent tax advice in your country of residence is essential before making any decision in relation to UK pension assets. For US-connected individuals, this includes consideration of FBAR, FATCA, and the UK and US Double Taxation Agreement. |
