SIPP Zone - What is a SIPP?

What is a SIPP?

A SIPP is a Self-Invested Personal Pension. With these you have greater control over what you can invest in than any other pension. They offer all the tax advantages of personal pensions plus a whole lot more. With a SIPP you have far more investment choice: for example, you can invest directly into shares, investment funds or commercial property.

The sole purpose of any pension scheme is to provide retirement and related benefits for its members. In this regard a Self-Invested Personal Pension or (SIPP) is no different to any other pension scheme.

The SIPP was given the "green light" in Nigel Lawson's 1989 Budget speech when he said, "I propose to make it easier for people in personal pensions to manage their own investments"

For many people, the Self Invested Personal Pension Scheme (SIPPS) are becoming the most attractive and tax efficient method for long term saving featuring strongly with regard to their retirement planning.

A SIPP will allow regular and lump sum cash payments, and you will also be able to transfer other pension arrangements into the scheme. If you are employed, your employer can also pay into the plan.

For more information about SIPPs, please click one of the links to the left or alternatively, click here to Contact Us with any queries.