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Five Sipp facts not many people know

By Kirsten Hastings, 31 Jul 17

An estimated one million people have opted for self-invested personal pensions (Sipp) as they offer a wide choice and the freedom to invest almost anywhere. Hargreaves Lansdown have put together some of the lesser-known facts about the increasingly popular retirement vehicle.

You don’t need a financial adviser to start a Sipp
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You don’t need a financial adviser to start a Sipp

In the early days, for most people you could only start a Sipp through a financial adviser, which meant additional costs before people even began to invest.

It can now be done by anyone and setting up a Sipp can be done online or over the phone.

Tags: Hargreaves Lansdown | IHT | Inheritance | Sipps

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.