SIPPs (Self Invested Personal Pensions)

updated: February 5, 2012

To obtain a copy of our Guide: SIPPs (Self Invested Personal Pensions) please click here.

After many years when SIPPs were only seen as suitable for the wealthy with very large pension funds, there has been an explosion of interest from those who take a serious interest in building up their pension funds to support them once they stop full time work.

The sad fact is that the majority of pension plans have less than £50,000 in them when their owners reach retirement age. Whilst such people should still be directed to stakeholder pensions for their low costs there is a growing number of people - the bulk of the clients of the new model independent financial advisers and financial planners - for whom a SIPP meets their need for investment choice and control.

Whilst charges were necessarily higher than personal pensions and stakeholder pensions, the advent of online investment platforms and risk-rated model portfolios which can be regularly rebalanced has reduced charges to compete with those of personal pensions.

To obtain further information please click here for our pdf Guide to SIPPs (Self Invested Personal Pensions).