A SIPP (Self Invested Pension Plan) is a type of
personal pension that allows you to invest in a wide variety of investments
and choose where you invest - a DIY pension!
A SIPP allows you to invest in a wide range of investments including
commercial property. Whereas a personal pension limits you to a selection
of funds provided by your pension provider.
SIPPs at a glance
tax advantages - 20% tax relief for basic
rate
taxpayer - for every £80 contributed to a pension plan, taxman
tops it up with £20.
access to more investments than personal / stakeholder pensions including:
- unit trusts
- investment trusts
- OEICs
- stocks & shares
- commercial property
investors can take responsibility and control of their pension and
make their own investment decisions.
possibility to invest in almost anything via a SIPP including things
like commercial property, works of art and antiques.
having a SIPP generally requires some investment understanding so
it may be worth consulting a financial adviser for fund research help.
Chartered Financial Planners - Principle First Financial
Services are one of the few Independent Financial Advisers to achieve
Chartered Status in the UK - a reflection of our professionalism and
dedication to providing the highest level of customer service and
financial planning, including wealth management and inheritance tax
planning.
Principle First Financial Services is a trading style
of GMF Marketing Services Ltd. which is authorised and regulated by
the Financial Services Authority. Principle First Financial Services
is entered on the Financial Services Authority's register under reference
number 409667.
PAST PERFORMANCE IS NOT A GUIDE TO FUTURE RETURNS & INVESTMENT
RETURNS MAY FALL AS WELL AS RISE - Risk Profile must be clarified
before proceeding with any company pension advice. We use the phrase
best ISA on the basis that it may be the ISA most
suitable to your needs.