Self Invested Personal Pension

A Self Invested Personal Pension (SIPP) gives you more control over the way you save for your retirement. You can choose from a wide range of investments, including shares and commercial property. You are also free to move your money between funds depending on your attitude to risk, individual needs and your goals in life.

When you’re ready to start receiving your benefits you’ll have lots of options too – including annuities and income/pension drawdown. Pension Drawdown UK will be able to talk through all the choices available to you and associated charges.

• Tax relief on your contributions – for every £80 you pay into your pension, the taxman will currently add another £20. If you are a higher rate taxpayer, you can claim extra tax relief on your annual self-assessment tax return
• The freedom to invest in a wide range of funds
• Tailor your pension portfolio to your needs and move your money at any time, as your needs change
• Track your investments online with your pension provider
• Pension Drawdown UK will keep you up-to-date with how your pension is performing
• The flexibility to change, stop and start payments at any time
• Choose how to take your money when you retire including the option to take phased retirement
• On retirement, a tax free lump sum, and regular income for life
• The option to consolidate all your pension plans together (if suitable)

A SIPP involves higher charges than a Personal/Stakeholder Pension, but if offers greater investment choice, control, and flexibility. Active management and expertise may be needed and Pension Drawdown UK can offer you a free no obligation review.

Commercial property may be illiquid.

For pension advice consider Pension Drawdown UK.

We are based locally to Derby, Leicester, and Nottingham, but offer free no obligation pension advice nationwide.

“Live for today, Invest for tomorrow”