Self Invested Personal Pension Plans (SIPPs)
A self invested personal pension (SIPP), as the title suggests, is similar to a
personal pension plan save
that it gives you greater control and choice of where your money is
invested. Most insurance companies will offer their own funds and a limited
selection of external funds excluding companies that offer a full platform.
The SIPP however is different as it allows you to choose from a wide range of
unit trusts in the market place and stocks and shares, cash and also
commercial property. For example, it is extremely advantageous to purchase a
property and the company trading from the address pays the rent into
the pension fund. In the event of the property being sold there is no capital
gains tax to pay.
Here we have arrangements with all investment houses and leading stockbrokers.
Please contact us to discuss SIPPs in more detail.