Advanced Pensions

In recent years, the pensions industry has become more advanced in terms of the flexibility of investments available and the structure of the actual pension arrangements.

It is an area of constant change, and you should consult Atkinson White Partnership regularly to make preparations for a secure and enjoyable retirement.

Self Invested Personal Pensions

A Self Invested Personal Pension (SIPP) is a tax-efficient wrapper within which a wide range of investments can be held. A new SIPP must appoint a scheme administrator, usually the recognised product provider. SIPPs have the same tax benefits and regulations as conventional personal pension plans but you and/or your advisers have control over the investment choice – each SIPP is unique to the individual. Otherwise, it operates in the same way as a conventional personal pension in respect of contributions and eligibility, for Her Majesty's Revenue & Customs (HMRC) purposes.

The complex nature of a SIPP means that it is not suitable for all investors. Often, the benefits of 'self investment' are only advantageous to people with very large funds and/or investors with some level of sophistication when it comes to investment decisions. Often, there are additional charges for arranging and dealing within a SIPP, and these charges would erode smaller funds quickly.

The benefits of using a SIPP include being able to invest in:

  • Stocks and shares listed or dealt on an Inland Revenue recognised stock exchange, including AIM
  • Stock exchanges that are not recognised by HMRC, e.g. OFEX
  • Unit trusts, open ended investment companies (OEICs)
  • Warrants, covered warrants
  • Government stock and fixed interest stock
  • Un-quoted shares
  • Commercial property
  • Property funds

We will be able to provide more details and make a recommendation based on your own circumstances. Please contact Atkinson White Partnership today to find out more.

Knowledge Centre

The Atkinson White Partnership Knowledge Centre has been designed to provide our clients with access to our personal finance magazines and financial guides which are packed full of informative and relevant financial news.

READ MORE

Get In Touch

Atkinson White Partnership
Regency House, 51 Coniscliffe Road,
Darlington, County Durham DL3 7EH

T: 01325 289400
F: 01325 482035
E: enquiries@atkinsonwhite.co.uk

FANCY A CHAT

Please fill in your details and we will get back to you as soon as we can. Thank you.



Privacy Policy   |   Disclaimer   |   Cookie Policy

© Atkinson White Partnership 2016. The material on the site is the copyright material of Atkinson White Partnership. You may not copy, reproduce, republish, disassemble, decompile, reverse engineer, download, post, broadcast, transmit, make available to the public, or otherwise use Atkinson White Partnership content in any way except for your own personal, non-commercial use. This includes but is not limited to all individual fund manager data such as rankings of fund managers and ratings of fund managers. Atkinson White Partnership does not accept any liability for your reliance upon, or any errors or omissions. Any other use of Atkinson White Partnership content requires the prior written permission of Atkinson White Partnership.

Atkinson White Partnership is a trading style of Atkinson White Limited.
Registered in England & Wales No 6862095 and is regulated and authorised by the Financial Conduct Authority

Registered Office: Regency House, 51 Coniscliffe Road, Darlington DL3 7EH. Tel: 01325 289400. The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted to customers in the UK. To visit the FCA consumer website - Money Advice Service - please click here

© 2016. All rights reserved. Website design by Goldmine Media

Top