About Self-Administered Pensions
Self-Invested Personal Pensions (SIPP’s)
A self-invested personal pension (SIPP) is a tax-efficient retirement savings account available in the U.K. SIPPs give individuals the freedom to allocate their assets in a wide range of investments approved by the country’s Her Majesty’s Revenue and Customs (HMRC), a non-ministerial department of the U.K. government responsible for tax collection and the payment of some forms of state support. Approved investments include stocks, bonds, mutual funds, and exchange-traded funds (ETFs).
Small Self-Administered Pension (SSAP’s)
A SSAP gives company directors the opportunity to maximise their pension funds prior to retirement by giving them control over their investments. Unlike other pension schemes the directors can control and choose their investments.
If you are thinking about investing in property, you may wish to consider setting up a Small Self-Administered Pension Scheme (SSAP) as a very tax efficient means of doing so.
The range of investment options are extensive and include: property, structured deposits, direct investment in stocks and shares etc. Talk to us for further details.
Personal Retirement Bonds
A retirement bond is a unit linked pension plan which allows you to invest single contributions. It is normally taken out by anyone who is leaving a company pension, usually due to them leaving their current employer.
Sometimes it is called a Buy Out Bond or a Transfer Bond.
AMRF & ARF’s
See our Post Retirement options for information on ARF’s and AMRF’s that are also available as self-administered schemes.
