What is a SIPP?
A Self-Invested Personal Pension (SIPP) is a personal pension wrapper that offers individuals more freedom of choice than conventional personal pensions. They allow investors to choose their own investments or appoint an investment manager to look after the portfolio on their behalf.
Individuals have to appoint a trustee to oversee the operation of the SIPP, but having done that the individual can effectively run the pension fund on his or her own.
A fully fledged SIPP can accommodate a wide range of investments under its umbrella, including shares, bonds, cash, commercial property, hedge funds and private equity.
Speak to the independent pension advice team from one our partner firms over which SIPP to invest in or more information on the benifits of investing in SIPPs.
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