Options
- Company typePrivate
- Founded2005
- HeadquartersMilton Keynes, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Options does
Options Pensions is an independent UK pension administration and professional trustee company headquartered in Milton Keynes, operating through two regulated entities: Options UK Personal Pensions LLP (FCA-authorised, FRN 501747) and Options Corporate Pensions UK Ltd (regulated by The Pensions Regulator). Founded in 2005 and previously known as Carey Pensions, the firm specialises in Self-Invested Personal Pensions (SIPPs) and is positioned as a solutions provider rather than a product reseller, with particular expertise in administering commercial property within pension wrappers. Its current open product range comprises three SIPP variants — Your Simple SIPP, Your Premier SIPP and Your SIPP in partnership with IG — supplemented by a Property Services add-on that supports borrowing up to 50% of pension fund value across offices, shops, warehouses, factories, land, forestry and syndicates. The group also retains Pathlines Pensions UK Limited as a wholly-owned subsidiary hosting legacy and international SIPP books, and a Workplace Pension Master Trust that is being wound down in 2025 with members transferred to Smart Pension.
The business operates on a subscription/recurring revenue model with annual fee schedules per SIPP product, monetising membership administration rather than asset-based or transaction-based fees. Go-to-market is sales-led and distributed primarily through professional financial advisers who recommend Options SIPPs to their clients, with secondary direct (self-serve) access for already-enrolled members via the SIPP-Web online portal. Customer segments are financial advisers (primary business unit channel) and individual SIPP clients (primary persona), with the employer/workplace segment now exiting via the Smart Pension transfer. Marketing is weighted toward adviser partnerships and referrals, supported by content on the corporate website and partner microsites for direct auto-enrolment and professional introducers. The company is a wholly-owned subsidiary of STM Group PLC, which provides shared services across account administration, legal, sales and marketing.
Options firmographics
Firmographics- Name
- Options
- Legal name
- Options UK Personal Pensions LLP and Options Corporate Pensions UK Ltd
- Website
- https://optionspensions.co.uk
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Options industry classification
Industry- Product category
- Pension Administration Services
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Pension Funds (525110)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Pension Master Trusts, Superannuation & Provident Funds (FSAAAGAB)
- akta.pro secondary industry
- Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail) (FSAAAAAJ)
Keywords
Where Options is headquartered
LocationHeadquarters
- HQ city
- Milton Keynes
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Options business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Compliance or Regulatory, Technology or R&D, Marketing or Sales
Revenue model
- SIPP Administration Fees: Annual and transaction-based fees for administering Self-Invested Personal Pensions, including Your Simple SIPP, Your Premier SIPP, and Your Global SIPP products
- Workplace Pension Administration: Administration services for workplace pension schemes (being wound down, transferred to Smart Pension)
- Property Services: Administration of property investments within pension schemes
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Your Simple SIPP - fee schedule available |
| Subscription | Annual | Your Premier SIPP - fee schedule available |
| Subscription | Annual | Your Global SIPP - fee schedule available |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Options product offering
Product offeringCore offering
Options is an independent pension administration and trustee company providing specialist Self-Invested Personal Pension (SIPP) products and services to the UK market. Its core offering includes administration of SIPP schemes (Simple, Premier, Global, and an IG-partnered variant), pension property investment administration, and related trustee services, delivered primarily through professional financial advisers and supported by an online member portal.
Product overview
Options is an independent pension administration and trustee company providing a comprehensive portfolio of Self-Invested Personal Pension (SIPP) products to the UK market. The current open product range includes three SIPP variants: Your Simple SIPP (straightforward pension administration), Your Premier SIPP (comprehensive product with property investment capabilities), and Your SIPP in partnership with IG (leveraging IG's investment platform). The company also maintains numerous legacy products closed to new members including Smart SIPP, Smart Plus SIPP, Sentinel SIPP, Group SIPP, various Cardiff Legacy Premier products, Your Global SIPP, Prosper, International Pension Plan, Open Pension, and Simple Investment SIPP. Additionally, Options offers Property Services enabling commercial property investment within pensions, and previously operated a Workplace Pension Master Trust now being wound down with members transferred to Smart Pension.
Differentiator
Problem solved
Functional benefit
Brands
- Your Simple SIPP: A SIPP product offering for straightforward pension investments
- Your Premier SIPP
- Your Global SIPP
- Options Workplace Pension Trust
Products and services
- Your Simple SIPP A Self-Invested Personal Pension product offering straightforward pension administration with permitted investments, aimed at direct and advised clients seeking a simple pension solution.
- Your Premier SIPP A comprehensive Self-Invested Personal Pension with broader investment capabilities including property investments, providing full-service administration for clients requiring more complex pension arrangements.
- Your SIPP in partnership with IG A specialized SIPP product developed in partnership with IG, providing clients with access to IG's investment platform capabilities within a pension wrapper.
- Your Global SIPP International SIPP offering for non-UK residents in countries with a double taxation agreement (DTA) with the UK.
- Property Services Specialist pension property administration service enabling SIPP members to invest in UK commercial property including offices, shops, warehouses, factories, land, forestry, and syndicates, with borrowing capabilities up to 50% of pension fund value.
- Group SIPP A group Self-Invested Personal Pension arrangement allowing multiple members under one scheme, for collective or employer-sponsored SIPP use.
- Options Workplace Pension Master Trust
Companies that use Options
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Options technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Options partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered parent_company and major.
- STM Group PLCparent_companyParent company of Options UK Personal Pensions LLP and Options Corporate Pensions UK Ltd. Part of STM Group which shares specialist resource areas including general account administration, legal, sales, and marketing.
- Smart PensionmajorOptions Workplace Pension Trust members and employers transferred to Smart Pension Master Trust following an extensive review. All employers and members have been transferred.
Scale indicators1 record
Recent moves7 records
Expansion highlights4 records
Options competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key highlights5 records
Customer concentration
Options social profiles
Digital presenceOptions compliance and trust
Trust signalCompliance2 records
Options financial estimates
Financial estimateRevenue estimate
Valuation estimate
Options leadership team
Management profileNumber of profiles
Profiles3 records
Options subsidiaries and ownership
Company hierarchySubsidiaries3 records
Options funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Options M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Options
What does Options do?
Options is an independent pension administration and trustee company providing specialist Self-Invested Personal Pension (SIPP) products and services to the UK market. Its core offering includes administration of SIPP schemes (Simple, Premier, Global, and an IG-partnered variant), pension property investment administration, and related trustee services, delivered primarily through professional financial advisers and supported by an online member portal.
Is Options a public or private company?
Options is a private company. It is classified as corporate owned and is currently operating.
When was Options founded?
Options was founded in 2005. It employs 11 to 50 people.
Where is Options based?
Options is headquartered in Milton Keynes, United Kingdom, in the Europe region.
How does Options make money?
Three revenue lines are on record. SIPP Administration Fees are the primary driver. The others are workplace Pension Administration and property Services.
Does Options have an API?
No public API is recorded for Options.
What industry is Options in?
Options's product category is Pension Administration Services. Its primary akta.pro industry code is FSAAAGAB, Pension Master Trusts, Superannuation & Provident Funds, with a secondary code of FSAAAAAJ, Retirement & Pension Wealth (401(k)/IRA/SIPP/Superannuation Retail). Its NAICS code is 524292 and its SIC code is 6282.