Self-Invested Pension Plan
Self-Invested Pensions Plans (SIPPs) enable you to save towards your pension in a tax efficient manner, with the added benefit of flexibility.
Investment is allowed in a number of asset classes, and SIPPs give a greater flexibility of options available than most pension plans. This enables you to spread the risk, however do tend to be associated with higher costs than a traditional pension. It is essential that your SIPP is managed carefully and regularly in order to maximise the benefits on offer, so would not be suitable for inexperienced investors.
The investment growth within the fund is currently free from all UK Personal Income and Capital Gains Taxes.
–
The value of an investment with St. James’s Place will be directly linked to the performance of funds you select and the value can therefore go down as well as up. You may get back less than you invested.
The levels and bases of taxation and reliefs from taxation can change at any time. The value of any tax reliefs depends on individual circumstances.
If you would like more information, please contact Wellesley Wealth Advisory on 01444244551 or via email at info@wellesleywa.co.uk
Related Services
Inheritance Tax
Without careful planning, HM Revenues & Customs could become the biggest beneficiary of your estate.
Later Life Planning
Our later life planning advice enables you to plan for IHT by providing monetary gifts to your loved ones and securing an income to help cover your long term care costs.
Maximising your Pension
The generous tax reliefs allocated within pension arrangements means that they play an important role in tax planning.
Nearing Retirement
When approaching retirement age, the right type of advice can make a huge difference. Start to preparing your finances for retirement, at least two years before you retire.
Planning Retirement
When you retire, depending on your type of pension, you have the option of taking up to 25% as tax-free cash from your pension savings.
Self Invested Pension
Self-Invested Pensions Plans (SIPPs) enable you to save towards your pension in a tax efficient manner, with the added benefit of flexibility.
INVEST TIME IN OUR NEWSLETTER
© Wellesley Wealth Advisory 2020
Wellesley House, 50 Victoria Road, Burgess Hill, West Sussex RH15 9LH