SIPP's

A self-invested personal pension (SIPP) is a type of personal pension and works in a similar way to a standard personal pension but it gives the pension holder the ability to manage the investments of their pension.

With standard personal pensions, your investments are managed for you. SIPPs are a form of personal pension that give you the freedom manage your own investments. They are more expensive and tend to be more suitable for large funds and for people who are experienced in investing.

SIPP investments 

Most SIPPs allow you to make a range of investments, such as:

  • Quoted shares, government stocks, unit trusts and investment trusts
  • Insurance company funds and traded endowment policies
  • Deposit accounts with banks and building societies
  • National savings products
  • Commercial property (such as offices, shops or factory premises)

The pension income from the SSIP is subject to the same constraints and taxation as any other Personal Pension 

If you are considering starting a SSIP, we strongly advise that you seek professional advice from a fully qualified and regulated Independent Financial Advisor. Pension decisions are usually a major financial decision that requires the appropriate level of advice to make the right choice. In contrast, mistakes can be costly. To arrange for a no obligations, initial free telephone consultation click here.