7
Self-invested personal pensions (SIPPs)
What topics are covered in this chapter?
- What is a SIPP?
- Different types of SIPP
- SIPP charges
- Transfers into SIPPs
- Investing in commercial property
- Borrowing
- Shares
- Drawing benefits
- Family/own-trust SIPPs
SIPPs have captured the imagination of the public to such an extent in recent years that they are now one of the most talked-about types of financial product. Self-invested personal pensions, to give them their full name, have been around since 1990. But they only really started reaching a wider audience in 2006 when a new simplified pension regime ushered in an era of unprecedented flexibility in retirement saving. Since then hundreds of thousands of investors have taken out SIPPs, and billions ...
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