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Self Invested Pension Plans

Self-Invested Pension Plans (SIPPs) give a much greater range of investment options than those available through most traditional pension plans. Investment is allowed in a number of assets and asset classes including equities, unit trusts, gilts and commercial property.

Saving in a tax efficient manner towards your pension is always desirable and SIPPs make this possible, along with the added benefit of flexibility.

Many SIPPs nowadays offer a Pension Fund Withdrawal mechanism which means that when you come to take an income from your pension you don’t need to set up a new policy. Many investors, therefore, regard SIPP as their “master” pension.

The investment growth within a SIPP is currently free from all UK personal Income and Capital Gains Taxes.

 

The value of an investment will be directly linked to the performance of the funds selected and may fall as well as rise. You may get back less than the amount invested.