In this article, we explain how the managed portfolios work, the types of portfolios available and how much it costs to invest.
How do Interactive Investor's Managed SIPP portfolios work?
Customers wishing to invest in Interactive Investor's Managed SIPP portfolios first need to answer a few basic questions about how much they wish to invest and the level of investment risk they’re comfortable with. They will then be matched with one of its 10 managed investment portfolios, based on their savings goals and the level of risk they are comfortable with.
There is no minimum investment period, however, ii stresses that its Managed SIPP portfolios are designed for 'long-term growth', meaning investors should have an investment horizon of at least 5 years.
How much do the Interactive Investor Managed SIPP portfolios cost?
There isn't a separate management fee for the Interactive Investor Managed SIPP portfolios meaning they are available to all ii investors as part of the existing flat-fee subscription. As with any investment fund, investors will need to pay additional fund fees, market spread and variable transaction costs and these range from 0.13% to 0.36%.
Interactive Investor Managed SIPP portfolios
Interactive Investor's Managed SIPP portfolios offer two investment styles ('Index' and 'Sustainable'), each with five levels of risk, meaning there are 10 portfolios in total to choose from.
Interactive Investor Managed SIPP portfolio asset mix example
Interactive Investor offers two investing styles; 'Index' and 'Sustainable'. The image below shows the asset mix of the Balanced Index Portfolio (Risk Level 3).
ii Managed 'Balanced' Index Portfolio (Risk Level 3)
Interactive Investor Managed SIPP options
ii Managed SIPP Index Portfolios
The 'Index' investment style invests in low-cost Aberdeen funds designed to build long-term growth. It includes a diverse range of investments and invests in some of the most popular companies, with experts at Aberdeen reviewing and diversifying the portfolio when needed to keep it fresh.
| Name | Risk Level | Fee |
| Cautious Index Portfolio | 1 | 0.14% |
| Moderate Index Portfolio | 2 | 0.17% |
| Balanced Index Portfolio | 3 | 0.19% |
| Adventurous Index Portfolio | 4 | 0.21% |
| Very Adventurous Index Portfolio | 5 | 0.18% |
ii Managed SIPP Sustainable portfolios
The 'Sustainable' investment style is low in cost and built for long-term growth. Money is invested in funds that reflect your beliefs and values, with most going towards sustainable funds which follow environmental, social and governance (ESG) criteria. The rest is split across neutral options, such as cash and bonds.
| Name | Risk Level | Fee |
| Cautious Sustainable Portfolio | 1 | 0.19% |
| Moderate Sustainable Portfolio | 2 | 0.22% |
| Balanced Sustainable Portfolio | 3 | 0.24% |
| Adventurous Sustainable Portfolio | 4 | 0.26% |
| Very Adventurous Sustainable Portfolio | 5 | 0.25% |
How does it compare to Vanguard's Managed SIPP?
Interactive Investor's fee structure means that there are cheaper alternatives for those investing smaller sums or starting to invest in a SIPP for the first time. However, as Interactive Investor's subscription fee is flat, it becomes more competitive as you invest more and may be particularly cost-effective for those wishing to transfer the pension to a cheaper provider.
| Number of portfolios | Platform Fee | SIPP Management Fee | Fund Fees | Cost to invest £50,000¹ | |
| ii Managed SIPP | 10 | £5.99 (up to £50,000) or £12.99 per month (No limit | N/A | 0.13% to 0.36% | £166.88 |
| Vanguard Managed SIPP | 5 | 0.15% capped at £375 | 0.30% | 0.17% | £310 |
¹ Based on the ii Balanced Index portfolio
Are the Interactive Investor Managed SIPP portfolios any good?
Interactive Investor's Managed SIPP offers a straightforward option for investors who are comfortable with letting someone else manage their investment decisions. There are no management or administration fees, meaning investors only pay fund fees of between 0.13% and 0.36% on top of the monthly subscription fee. This makes it one of the cheapest ways to access a managed SIPP portfolio.
Check out our full independent Interactive Investor review for more details on the Interactive Investor platform, its flat-fee structure and how its products compare. Those specifically interested in Managed SIPPs may want to check out our article 'Best Pensions in the UK' where we list our top picks. Alternatively, those looking for the latest cashback offers and deals may want to check out our article 'Best Pension Cashback offers and fee-free deals'.
If a link has an * beside it this means that it is an affiliated link. If you go via the link Money to the Masses may receive a small fee which helps keep Money to the Masses free to use. But as you can clearly see this has in no way influenced this independent and balanced review of the product. The following link can be used if you do not wish to help Money to the Masses - Interactive Investor
£200 Pension Cashback Offer
Make a qualifying deposit or transfer a pension to our partner Interactive Investor.
- Deposit or transfer a pension of at least £20k and you could earn £200 cashback
- Terms and Fees apply, Capital at risk
- New & Existing customers opening a SIPP
- Offer ends 30th June 2026
Before starting your transfer, check you won't lose any valuable benefits (such as guaranteed annuity rates or a lower protected pension age) and find out what exit fees you might have to pay
