SIPP - self invested personal pension
Most SIPPs are only offered to UK residents, however, SIPPs can also be used by non-UK residents.
They are used for pension transfers where QROPS are not appropriate or necessary. They allow for different currencies and are more suitable for people retiring abroad.
They offer a wider product range, more control over where your pension money is invested and are often viewed more globally.
If you live abroad SIPPs are subject to the same tax relief rules as UK residents – where income must be declared to the HMRC. In addition, the trustees must report member payments. Like most personal pensions income can be drawn from the age of 55.
What's the best pension scheme for you?
Getting a pension review and a fresh valuation is the best way to understand what is the best pension scheme for you and what it could be worth both now and in the future.
We build a pension solution to suit you and are dedicated to helping you achieve your financial and retirement goals. We help you take control of your money.
We collect all the required information on you and your pension and get an understanding of your retirement objectives. After this assessment we talk to you about your options. The review service is free of charge.
If you determine that a transfer is appropriate we will make all the arrangements necessary for the transfer. Our fees are paid within the transfer arrangement so there is no need for you to send us any payment.
To find out more about how we can help you, simply leave your details and one of our advisors will arrange a time to talk or visit you.
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