What is a SIPP?
A self invested personal pension (SIPP) is a vehicle that lets you save for your retirement in a tax-efficient way. It is a personal pension wrapper that can hold a wide range of permitted assets both directly and through collectives. It offers you a higher level of flexibility and control over investment choices, which is useful if you use it. Should you only want a more limited investment choice, you may be able to access this more cost-effectively without the SIPP wrapper cost.
What can a SIPP invest in?
A principal feature of the Dentons SIPP is the freedom of the client to choose their investments from a wide selection, unlike a personal pension where you can usually only invest in a range of funds offered by an insurance company.
With a SIPP, you will be able to take direct control over your investment strategy, which allows you to invest directly in a range of assets such as stocks and shares, commercial property, unlisted shares, collective funds and bank/building society deposit accounts.
View our permitted and unacceptable assets.
Tax benefits.
Under current legislation, our Dentons SIPP enjoys considerable tax benefits:
- Tax relief on permitted personal contributions at your highest marginal rate of income tax, subject to certain limits
- Investments are generally exempt from UK income tax and capital gains tax (CGT)
- Employer’s contributions may qualify for full tax relief as a business expense
- Benefits on death will normally be free from inheritance tax
- Benefits on death before age 75 could be free of any tax
- Our SIPP frequently asked questions (FAQs) section will provide you with more in
More questions?
Our SIPP frequently asked questions (FAQs) section will provide you with more information about SIPP, to help you decide whether this is the most suitable retirement vehicle for you.