A Self-Invested Pension Plan (SIPP), is a flexible, tax-efficient way of saving for your retirement. Some traditional pension plans can be quite restrictive. A SIPP, on the other hand, is more supple - offering you a broader range of investment opportunities.
If you’re experienced in actively managing your investments, a SIPP might be worth consideration.
Why? Because investment is allowed across a range of assets and asset classes (including equities, unit trusts, gilts and commercial property).
This allows you to spread risk and potentially exploit any out-performing market opportunities.
However, a SIPP tends to have higher costs than a standard pension and requires active management to maximise the benefits of the wider investment choice on offer. Therefore, a SIPP is not suitable for everyone.
Please contact us today if you’d like to know more about SIPPs or our range of other pensions.
The value of a SIPP can fall as well as rise. You may get back less than the amount invested.
The levels and bases of taxation and reliefs from taxation can change at any time and are dependent on individual circumstances.
The investment growth within the fund is currently free from all UK Income Tax and Capital Gains Taxes.
