+ Larger Font | + Smaller FontA SIPP (self-invested personal pension) is a form of pension. This legal structure will qualify for several tax benefits. Unlike the majority of personal pensions, this pension structure is separate from the individual investments it holds.
By setting the SIPP up under a Trust, it makes certain that the funds within the SIPP are governed under the UK pension legislation. Such legislation stipulates where the pension can be invested, how and when benefits can be taken and the legal guidelines it must follow.
What this means to you:- Complete control of the investments made through your pension
- Access to a wider choice of investments
- Greater flexibility as to when you take the SIPP benefits
- Cost savings from traditional investment charges
After setting up the SIPP, existing pensions can be transferred into it. Also you can make new contributions to your SIPP.
This allows you too:- Set up a bank account to store your cash holdings
- Make collective investments through the provider investment platform or even directly into a fund
- Trade securities, stocks and shares utilizing a stockbroker
- Property investment
- Lending options
- 3rd party loans
Frozen Pension Review Service:
Please take advantage of a free, no obligation review with one of our recommended, independent pension advisers. During which they can discuss some of the various options open to you.
