SIPP Investments

Personal pensions can be a complex and daunting prospect. Most of us never know where our pensions are invested, how they are performing or even the value of the fund. The chances are if you have a pension that you know very little about, it isn’t working as hard as it could be for you. Below is a quick overview of SIPP investments:

What is a SIPP?

A Self Invested Personal Pension (SIPP) is a scheme which allows you to control how you invest the assets of your pension fund. Though they have been in existence since 1989 they have traditionally been the preserve of a small, wealthy minority Having recently come under the secure auspices of the Financial Services Authority (FSA) more and more investors are waking up to the benefits of directly influencing their portfolios at a time when confidence in old-style institutional pensions is at an all-time low.

What are the advantages of a SIPP?

•   SIPPs allow investors to choose from a wide range of pension investments including cash, equities (both UK and foreign), investment trusts, unit trusts, gilts and most significantly of all, commercial property.
•   This increased flexibility permits investors to have a truly diversified portfolio which significantly cuts the risks of pension investment.
•   Investors are not restricted by the limited range of funds available to traditional personal pensions (of which they have no control over.)
•   SIPPs provide great flexibility when taking retirement benefit including drawdown (where 25% of your investment is taken as a tax free lump and income is drawn from the remaining 75%) as opposed to having to purchase an annuity.
•   All SIPPS can be monitored and regularly reviewed.
•   If it is under-performing you can quickly and easily transfer your SIPP.
•   With SIPPs you make the decisions on how and where you invest your money.
•   If you die before you take benefits then 100% of the value of your SIPP can be paid to any person of your choice without being liable for Inheritance Tax.

What is the process?

We will put you in touch with our pension experts who will first have a brief chat with you to discuss your options and answer any questions you might have they. If you wish to proceed after the initial conversation they will investigate your pension fund further for you and then advise you on the potential of your fund. They will be there to offer support and advice throughout the process.

How do I find out more?

If you want more information on the SIPP products available then please call me or respond to this email your name, contact number and most convenient time for a call and I will get one of our pension’s experts to call you. I urge you to take the time to have the discussion with our pension’s expert you may have un-tapped investment potential you never knew about.