A self-invested pension plan is a more flexible form of pension, giving the owner more freedom in how to invest. Instead of selecting a generic investment pot as in the case of a personal pension, the client can invest in a wider range of assets including equities, bonds, funds, commercial property and land.
SIPPs are often used to consolidate several historic workplace schemes so that all pensions can be under one roof and invested in a coherent way. SIPPs can also be used for effective Inheritance Tax planning.
Our pension consultants have a great deal of expertise in advising on SIPPs
In some cases, it is also possible to own “real assets” within a pension such as commercial property and agricultural land.