Self Invested Personal Pensions (SIPPS)
The popularity of self-invested personal pensions (SIPPS) has been on a powerful upward trajectory for the past few years, as a growing number of investors consolidate and take control over their pension funds.
So what exactly is a SIPP and how could it help me?
A SIPP is simply a personal pension, however as the name implies it offers self investment choices as opposed to investing your money purely in Insurance company funds. This extra flexibility offers you freedom to invest in a much wider universe of investment choice. It puts you in full control to help you to accumulate your fund right through to the time when you want to start drawing on the benefits.
But while the idea of moving your pension funds into a SIPP may appeal, identifying the most appropriate way of achieving this is where we at PIA Wealth Management come into our own.
SIPPS offer a wide range of investments including the spectrum of Investment funds, single company shares, bonds, cash, overseas investments, traded endowments, derivatives and, in some cases, commercial property. Typically, they will cost more than those focusing on collective funds, particularly where property is concerned.
So what should you consider when you are deciding where to put your pension?
first of all it is important for us to help you identify your attitude to risk and your investment goals, then we can find a plan that offers access to appropriate investments.
Our expertise will ensure that you gain peace of mind through control, choice and access and to our mind is a new and refreshing way for you to actually become more involved in shaping your future prosperity in retirement.
We have built up an enviable reputation over many years for our expertise in this area so to find out more please click here to contact us and we will arrange a mutually convenient time for one of our specialists to set up a meeting with you.
