Self Invested Personal Pensions

A SIPP offers complete flexibility for an individual to choose where to invest their pension fund and when and how to take benefits at retirement.

The tax benefits and investment limits applying to a SIPP operate in the same way as a personal or stakeholder pension, however the benefits a SIPP can offer over a personal or stakeholder pension is complete investment freedom, including commercial property, rather than being potentially restricted to what the pension provider decides. In some cases, a SIPP may offer more options as to how benefits are taken at retirement.

Depending on circumstances, SIPPs may not be the most appropriate pension arrangement for all individuals so all pension options should be considered with a professional adviser.

City Trustees also offer the facility of Group SIPPs for employers wishing to extend such schemes to their employees as part of a benefits package.