Pension products explained: SIPP

Suitable for many investors who currently live and work overseas but plan to return to the UK in the future to live or retire.

What is a SIPP?

A SIPP gives a much greater degree of investment choice than most UK pensions, allowing us to actively manage your pension investment offshore. This gives tax advantages and the ability to use funds with capital guarantees which is important for pension planning.

Whilst the investment is offshore the SIPP is UK based and so remains under the highly regulated and protected UK regime. It also gives the option of taking income rather than buying an annuity, which can be key to tax planning.

We offer a package which has benefits including;

1. Ability to draw income at any time whilst moving to a much more advantageous position on death and saving Inheritance Tax in certain circumstances.
2. Tax advantages and guarantees provided by offshore investments, whilst remaining under the comfort of the UK regulatory framework
3. Particularly flexible contract where an extensive range of investments can be made
4. Flexible way of taking benefits with many options to suit the individual circumstances of both you and your dependants’
5. Ownership of your pension fund prevents the potential of existing employer scheme underfunding
6. Consolidation of all existing arrangements into one policy
7. Highly experienced investment management team
8. Regular reviews on your investments and changes in your personal circumstance