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 a 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 seperate pension holdings into one plan potentially reducing the impact of multiple administration charges.

Our Select SIPP is available through i.nvest, which enables you to access:

Alliance Trust Savings offers two pension products for you to choose from:

Select SIPP
Child SIPP

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 our SIPP product.

For more information, on income withdrawal, please visit our dedicated area

Important Information

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.

• The value of tax savings and your eligibility to invest in a SIPP depends on individual circumstances and tax rules may change in the future. You normally cannot take an income from your pension until age 55.

• If you are unsure whether a SIPP is suitable for you or are uncertain about which SIPP is most appropriate for you, you should take professional financial advice specific to your particular circumstances.

Risk Statement

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. The value of your fund may be less than you paid in. All investments carry an element of risk, which may differ significantly. If you are unsure as to the suitability of any particular investment or product, you should seek professional financial advice. Tax rules may change in the future and taxation will depend on your personal circumstances. Charges may be subject to change in the future.