What Is A SIPP And Who Can Benefit from it?
A Self-Invested Personal Pension (SIPP) might be the right solution for you if you want to take control of your retirement savings. A SIPP could benefit those who don’t have access to a workplace pension, such as those who are self-employed.
Why Invest In A SIPP
A SIPP is a type of pension account that gives you more control, helping you match it with your retirement needs. It gives more control over the investments within your pension and enhanced flexibility over withdrawing your money when you need it the most.
Investments in SIPPs aren’t subject to income tax or Capital Gains Tax. When you choose to make withdrawals from the SIPPs, some of this money will be free of UK Income Tax. At Archway Private Wealth, our specialist financial advisers have extensive experience in helping people achieve their financial retirement goals. If you would like to speak with one of our retirement planning experts, get in touch with us now.