What are Self Invested Personal Pensions?

SIPPs are a type of Personal Pension and in terms of contribution limits and tax benefits they work in exactly the same way.

SIPPs are regulated by the Financial Services Authority (FSA).

Where they differ from most other types of pension is the wider choice of investment options available to you the pension investor.

Like personal pensions, they can accept transfers from most other types of pension plan, which means that you can consolidate all your separate pension holdings into one plan potentially reducing the impact of multiple administration charges.

Alliance Trust Savings has a suite of 4 pension products for you to choose from:

*Due to the investment and taxation complexities of Full SIPP and SSAS products, we recommend you seek professional financial advice.

Award-winning Select SIPP

Readers of What Investment voted us Highly Commended for the Best SIPP 2011.

What Investment Readership Awards 2011. Winners Select SIPP Alliance Trust Savings

In the following section we will look in more at:

Key benefits
How to apply
How to contribute/ transfer
Investment choices
Charges
Documentation

Income withdrawal is a key product feature of both the Select and Full SIPP product.

For more information, on Income withdrawal, please visit our dedicated area.

Risk Warnings

Please remember the value of your investments and any income from them can go down as well as up and you may get back less than the amount you originally invested. Tax rules may change in the future and taxation will depend on your personal circumstances. All investments carry an element of risk, which may differ significantly. If you are unsure as to the suitability of any particular investments, you should seek professional financial advice.