Over the years, it has become more common for companies to close their final salary schemes to members. We believe it is worth deciding how to make your money work for you in retirement and how you can accumulate a pension that will make you financially stable through your retirement years.
A Self Invested Personal Pension plan (SIPP) is one option open to individuals who wish to consolidate their existing UK pension schemes and invest smarter for their retirement. It allows you to have greater investment control over your pension and is designed to produce an income or a tax-free lump sum and income when you chose to retire.
The range of investments that you are able to choose from inside a SIPP is more varied than other pension plans, enabling the SIPP holder to invest in a wide range of assets including stocks/shares and futures/options both home and overseas.
SIPPS are designed for investors who want maximum control and flexibility over their pension. SIPP benefits include:
deVere India’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere India’s Head of Public Relations on [email protected] or call +44 2071220925