Pension dealing account

The easy, flexible account for investing through a pension scheme you hold elsewhere.

What is a Pension dealing account?

Designed for those with cash sat in a registered scheme elsewhere, our great-value Pension dealing account gives you the flexibility to invest, without impacting your existing pension account.

How to open a Pension Dealing account

View charges
  • No impact to your existing provider
    The AJ Bell Pension dealing account acts as an extension to your existing pension scheme. Any money paid in and invested can only come from your existing pension provider.
  • Tax-efficient investing
    As the AJ Bell Pension dealing account forms part of your overall pension scheme, you won’t need to pay UK tax on any dividends or capital gains.
  • Compatible with structured SIPP and SSAS schemes 
    Our account can form part of structured SIPP (Self-invested personal pension) or SSAS (Small self-administered scheme) accounts.
  • You’re in control
    While the account administration sits with your pension scheme, you control your investments and receive all communications about the account.

How to open a Pension dealing account

Open an AJ Bell account – if you don’t already have one

If you don’t have an AJ Bell account in your own name, you’ll need to open a Dealing account with us first.

Already have a personal AJ Bell account, such as an ISA or SIPP? Then you won’t need to open a Dealing account – your Pension dealing account can be linked to your existing account.

Open a Dealing account

Complete a Pension dealing account form

You or your pension administrator then need to complete the Pension dealing account form. The corporate trustee for your overall pension scheme will also need to sign it – all of which is explained on the form.

Please email the completed form to newaccounts@ajbell.co.uk, and we’ll aim to come back to you within 3 business days.

Download application form

Any questions?

Have any questions about opening a Pension dealing account? Get in touch with our specialist Customer Onboarding Team, who’ll guide you through the process. Just email customeronboarding@ajbell.co.uk or call 0345 54 38 929 (9.00am–5.00pm, Monday–Friday).

As AJ Bell aren’t your pension provider, you won’t be able to pay money directly into your account, for example by using a debit card.  

Instead, any money paid into your AJ Bell Pension dealing account will need to be done so by your pension provider.

When you want to withdraw from your AJ Bell Pension dealing account, we’ll only be able to send the money back to your pension provider.

If you have an existing Pension dealing account elsewhere and want to transfer it to us, you’ll need to make your pension provider aware first.

You’ll also need to send them a Pension dealing account transfer form, which your provider will need to complete and send to us, as the instruction to transfer an account must come from them.

We keep our charges low

Our low-cost charges mean you have more money available to get the best value from your investments.

Account charge

Never pay more than
0.25%

Dealing charge

Deal online for as little as
£1.50

Charges calculator

Choose your investments

You’re the decision maker when it comes to choosing how and where to invest your money. Although we can’t give you recommendations, we can support you along the way by taking the confusion out of investing.
Man choosing his portfolio

I need some ideas

Here you’ll find our AJ Bell managed funds, as well as a list of standout funds that we’ve chosen based on value and potential for growth, and Starter portfolios built by our experts and managed by you.

Women looking out of window thinking about her options

Show me all the options

See our full range of investment options across all markets and sectors, including over 4,000 funds, shares, trusts, ETFs, bonds and gilts – with dealing charges starting from just £1.50.

Is a Pension dealing account right for me?

An AJ Bell Pension dealing account is designed for those who have a pension with a provider that allows uninvested cash – for example cash earned from property rental – to be invested through a different investment platform.

If you don’t have this type of pension scheme but still want to open a personal pension, we have other accounts that may be more suited to you. 

Ready-made pension

Our low-cost, hassle-free pension. Choose from three AJ Bell-managed investment funds, decide how much you want to put in, and we’ll take care of the rest.

Self-invested personal pension

The pension for those who want to be hands-on with their investments, the AJ Bell SIPP gives you flexibility to invest however you like, all in a great-value account.

The most popular questions asked about our Pension dealing account

Need more help?

Our customer support team are here to help when you need it. Here’s how to get in touch.
See all FAQs Contact us

We're here to help you invest

We’ve been helping our customers put their money to work for over 30 years. And with over 762,000 customers, that’s a lot of people taking control of their financial futures. 

We’re not just one of the UK’s largest and best regarded investment platforms, we’re listed on the FTSE 250, we’re regulated by the Financial Conduct Authority (FCA), oh, and we’re the only investment provider to be Which? Recommended eight years running, 2019-2026. 

So, when you're ready to feel good, investing, we're here to help.
Which? award winners 8 years running, 2019-2026