A Self Invested Personal Pension (SIPP) is a Registered Pension scheme under the terms of the Finance Act 2004.
SIPPs are designed for investors who want maximum control over their pension without being dependent on any one fund manager or insurance company. As such, a SIPP requires active management and a degree of investment expertise. Furthermore, the charges (levied by the SIPP manager) may be higher than for a personal pension or stakeholder plan.
Unlike a standard personal pension, a SIPP holder has a much wider choice of assets to invest in, each of which can be selected to meet the individual's personal circumstances and requirements.
Investments which can be held in a SIPP include:
It’s possible to use a SIPP to raise a mortgage to fund the purchase of commercial property, where the rental income paid into the SIPP either completely, or partially covers, the mortgage repayments and/or the property’s running costs.
Please note SIPPs are not suitable for everyone investing into a pension, we will conduct an assessment of your situation to determine suitability.
A PENSION IS A LONG TERM INVESTMENT, THE FUND VALUE MAY FLUCTUATE AND CAN GO DOWN. YOUR EVENTUAL INCOME MAY DEPEND UPON THE SIZE OF THE FUND AT RETIREMENT, FUTURE INTEREST RATES AND TAX LEGISLATION.
INFORMATION IS BASED ON OUR CURRENT UNDERSTANDING OF TAXATION LEGISLATION AND REGULATIONS. ANY LEVELS AND BASES OF, AND RELIEFS FROM TAXATION, ARE SUBJECT TO CHANGE.
IFA Financial Services have provided me with mortgage and pension advice over a number of years. They have consistently provided a highly professional and efficient service in an extremely friendly and approachable manner. Advice, whenever needed, is readily given and clearly explained. I feel that my financial affairs are in very safe hands and on this basis I would recommend then to anyone.
The staff were very friendly and helpful to ease us through this process. Thank you all very much for sorting out this for me and if I need any help in the future I know where to come.
Allowing IFA to guide my husband and I with our finances is one of the best decisions I have made. I feel secure with arrangements for my pension and savings. You know they are genuinely interested in helping when they advise you to leaving certain savings where they are rather than them taking control.
I had paid little attention to my pension arrangements during a working life where I ran several of my own companies and was both was self-employed and an employee for periods. Frankly I was suspicious of “financial advisers” during the bad old days of the 70s, 80s and 90s when they were nothing more than insurance salesman more motivated by commission payments than their clients’ well-being.
We were recommended to IFA by a friend as I was in need of advice about my pension arrangements. I am happy to say that the advice we received has proved very beneficial and although our circumstances have changed quite a few times since our first meeting in 2016 we have found IFA to be helpful in discussing our new needs and prompt in meeting our requirements.
CONTACT US
IFA Financial Services
Insight House
7a Alkmaar Way
Norwich International Business Park
Norwich
NR6 6BF
T: 01279 655200
Email Us
IFA Financial Services (UK) Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register No: 447432 http://www.fca.org.uk/register.
IFA Financial Services (UK) Ltd Registered Address: Insight House, 7a Alkmaar Way, Norwich International Business Park, Norwich, NR6 6BF. Registered in England & Wales, No. 5667453.
Neither IFA Financial Services (UK) Ltd nor its representatives can be held responsible for the accuracy of the contents/information contained within the linked site(s) accessible from this page.
The Financial Conduct Authority does not regulate National Savings or some forms of mortgage, tax planning, taxation and trust advice, offshore investments or school fees planning.
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The information contained within this site is subject to the UK regulatory regime and is therefore targeted primarily at consumers based in the UK.
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