Sipp Advice

SIPP Advice, what you need to know?

There has been some news in the press of late about how it may be possible to invest your pension in an investment property using a SIPP – or rather how to purchase a property using a SIPP for your existing pension.

What most people don’t yet fully understand is how it is possible to use a SIPP as SIPP`s and the process of setting up a SIPP can be complicated and to help with the process of setting up a SIPP it is important to seek out a reputable financial management company who has a licence to offer SIPP advice. We can link you to a reputable and fully qualified SIPP Independent Financial adviser. Any company offering SIPP Advice that does not hold the necessary qualifications is not permitted to do so and would be breaking Financial Services Authority Rules.

The SIPP adviser will be able to communicate directly with you and your pension provider and provide a statement of the full costs associated to investing your pension through a SIPP. Once this is provided, only then can you decided if you really want to invest your pension through a SIPP. The SIPP adviser will be able to identify the full costs of investing your pension through a SIPP, and provide you with a regulated overview as to the full risks, advise you accordingly and only then can you make an educated decision to invest your pension using a SIPP.

Although many people would like to invest their pension in a property not all pensions can be invested using a SIPP, so you should seek SIPP advice from our experienced advisor.

The goal of any SIPP Advice provider?

The goal of any SIPP provider is to have the full cost and risk of the investment explained in detail. Although it is not impossible to achieve this by yourself, it is a lengthy and complicated process and one that really requires the experience and expertise of a SIPP advisor that is authorised by the Financial Services Authority. Their goal is to ensure they follow the correct procedures in order to provide a comprehensive explanation in terms of the risks and rewards. There is a lawful process that needs to be adhered to when providing SIPP advice with regards to the information being released under the FSA regulations. There is also a recognized SIPP provider that your pension company permit your pension to be invested through. Another vital component to maximize the success of SIPP is ensuring you choose a financial advisor who has a track record and the adviser we work with has a wealth of experience in the SIPP and Pension market.

This means that you, the investor, are given the best possible chance of achieving the returns on investment you require in order to have a happy retirement. A SIPP advisor will only agree to provide adequate SIPP advice if they believe you have a pension provider that will permit you to invest in a SIPP, so it is imperative that you establish that you have a SIPP enabled pension and a highly experienced SIPP advice team to evaluate your likelihood of success. People who make a SIPP investment do so with all the associated risks fully explained to them by our experienced SIPP adviser.

Once again is it imperative that you seek a regulated company to provide you with your SIPP advice and who is authorised to provide SIPP advice before you decide to go ahead and invest your retirement fund - it is their legal obligation. The law is the law, and has to be adhered to – even by financial investment advisors.

We have established links with financial advisors authorised to offer SIPP advice that can provide you with all of the information necessary to maximise your chances of success. In partnership with several major financial companies, plus an investment company authorised to offer investment property through a SIPP, where required, we will also provide the highest quality of legal expertise available.

Turning your pension into a Sipp Pension.

Our goal is to provide you with access to professional SIPP advice that ultimately covers all the aspects of investing your pension by way of a Sipp Pension such that you receive the necessary SIPP advice to be certain that the investment is correct and right for you.

To find out more and if you qualify for a SIPP and to see if your existing pension is eligible to be invested in a SIPP, register your details below.

You’ll be able to discuss your needs with a FSA-regulated Independent Financial Advisor, and arrange for a fast and hassle-free pension-to-SIPP conversion.

The adviser will look at SIPP providers and identify the most suitable SIPP for you. There is no charge for the adviser to identify your SIPP requirements.

Sipp Providers

Why You Need A Sipp Provider?

The popularity of self-invested personal pensions (Sipps) has been on a powerful upward trajectory for the past couple of years, as a growing number of investors consolidate and take control over their pension funds.

Figures from the latest Sipp survey in April 2008 show 240,000 plans in existence, compared with just 80,000 five years earlier. One of Sipp providers Total sales for its best-selling Sipp were up by more than 53 per cent for the 2007-08 tax year, compared with the preceding 12 months.

But while the idea of moving your pension funds into a Sipp Pension may appeal, identifying the most appropriate product for your needs can be daunting: the 50 providers in the market all seem to operate different charging structures and different investment choices.

This is one area where the services of our linked independent financial adviser (IFA) specialising in pensions can be particularly valuable. An adviser will be able to help in the choice of investments to hold within your Sipp, and advise on the most reputable, efficient and cost-efficient Sipp providers.

Whether or not you decide to use our IFA, it's worth understanding the range of options available, as Sipp providers come in several forms. At one end of the spectrum are the low-cost online providers catering mainly to individuals prepared to make their own investment choices without the help of a financial adviser. These include Hargreaves Lansdown, Sippdeal, James Hay's e-Sipp and Fidelity FundsNetwork.

Why You Need Sipp Insurance?

Then there are the insurance companies that have traditionally offered personal and stakeholder pensions and have now widened their range to include Sipps.
Some offer what are known as hybrid Sipps, requiring clients to put a certain amount of their investment into in-house funds before they can branch out into a range of externally-managed funds.

Some insurance houses also have deferred Sipps, where the client chooses from in-house funds but has the option to move into a more flexible, wider range of investments and manage them himself at a later date - for example, once his fund is large enough. But the Financial Services Authority has expressed concern that some investors may be paying for a level of flexibility that they are not actually using, so it’s important to clarify exactly how the charges work.

‘Full’ Sipps are available from a variety of smaller or specialist Sipp providers, as well as from certain insurers, notably Standard Life. These offer a wide range of Sipp investments including the spectrum of collective funds, single company shares, bonds, cash, overseas investments, traded endowments, derivatives and, in some cases, commercial property. Typically, they will cost more than those focusing on collective funds, particularly where property is concerned.

So what should you consider when you are deciding where to put your pension and setting up a Sipp? The most important thing to consider is to identify your own attitude to risk and your investment goals. Then we can help you find a plan that offers access to appropriate investments.

Turning your pension into a SIPP.

Our goal is to provide you with access to professional SIPP advice that ultimately covers all the aspects of investing your pension by way of a SIPP such that you receive the necessary SIPP advice to be certain that the investment is correct and right for you.

To find out more and if you qualify for a SIPP and to see if your existing pension is eligible to be invested in a SIPP, register your details below.

You’ll be able to discuss your needs with a FSA-regulated Independent Financial Advisor, and arrange for a fast and hassle-free pension-to-SIPP conversion.

The adviser will look at SIPP providers and identify the most suitable SIPP for you. There is no charge for the adviser to identify your SIPP requirements.