# InvestEngine sipp vs vanguard

**URL:** <https://community.investengine.com/t/investengine-sipp-vs-vanguard/1566>\
**Category:** General\
**Created:** [6 April 2024 13:21 UTC](https://community.investengine.com/t/investengine-sipp-vs-vanguard/1566 "2024-04-06T13:21:03Z")\
**Posts on this page:** 4\
**Page:** 1

<div class="post-metadata">

**Author:** ![dsandoreo](https://avatars.discourse-cdn.com/v4/letter/d/ba8739/32.png) [@dsandoreo](https://community.investengine.com/u/dsandoreo)\
**Post date:** [6 April 2024 13:21 UTC](https://community.investengine.com/t/investengine-sipp-vs-vanguard/1566/1 "2024-04-06T13:21:03Z")

</div>

Hi

If I’m reading it right. InvestEngine works out cheaper (0.15% fees capped at £250 instead of £375)

I’ve transferred my isa to IE already. Is there any reason not to transfer my SIPP?

Like is said it appears cheaper unless I’m missing something.

Would appreciate people’s thoughts

---

<div class="post-metadata">

**Author:** ![PStaveley](https://avatars.discourse-cdn.com/v4/letter/p/b3f665/32.png) [@PStaveley](https://community.investengine.com/u/PStaveley)\
**Post date:** [6 April 2024 14:40 UTC](https://community.investengine.com/t/investengine-sipp-vs-vanguard/1566/2 "2024-04-06T14:40:47Z")

</div>

The IE SIPP offer is good but at this moment you cannot transfer SIPPs to IE. I understand that it is a high priority to accept transfers and will happen sometime in this tax year, but no one really knows when.  
I also believe that withdrawals from an IE SIPP and possibly even a transfer out of an IE SIPP is difficult/not possible.  
We are all looking out for any updates from IE on these issues.

---

<div class="post-metadata">

**Author:** ![Pinch](https://avatars.discourse-cdn.com/v4/letter/p/ba9def/32.png) [@Pinch](https://community.investengine.com/u/Pinch)\
**Post date:** [6 April 2024 21:07 UTC](https://community.investengine.com/t/investengine-sipp-vs-vanguard/1566/3 "2024-04-06T21:07:14Z")

</div>

@dsandoreo  
Hi, the SIPP fee is capped at £200 per year with IE - which means that it would make sense to transfer the Vanguard SIPP if it is over £133 K.

Up to this amount both SIPPS are equal - if you only invest in Vanguard ETF’s, that is.

---

<div class="post-metadata">

**Author:** ![jamesc](https://avatars.discourse-cdn.com/v4/letter/j/bc8723/32.png) [@jamesc](https://community.investengine.com/u/jamesc)\
**Post date:** [7 April 2024 07:49 UTC](https://community.investengine.com/t/investengine-sipp-vs-vanguard/1566/4 "2024-04-07T07:49:19Z")

</div>

Something to remember the £375 Vanguard cap is over the whole platform, not just the Sipp.

Personally when you have the amount I have invested over a GIA, ISA and SIPP with Vanguard, £375 platform is not much. Therefore I consider other stuff to compare if I wanted to move.

Thanks