SIPPs are great for anyone who likes managing their own investments and there are lots of different types of SIPPs to help you do this.
SIPPs is short for Self Invested Personal Pensions. As the name signifies, this is a pension plan where you are the contributor and the investor.
They differ from standard pension plans in a number of core areas, foremost a SIPP pension can offer you the advantage of managing your investment fund – giving you more control.
Having access to an enhanced number of investment choices can be the right choice for the plan holder, however they are not for everyone as they do carry some additional risk, especially if you don’t consider yourself a skilled investor.
Reid Scott & Ross are specialists in SIPP management and provide a bespoke service for a number of clients. Our advisers are able to simplify and streamline your affairs and help you to choose, buy, sell, hold and manage your investments. As a one-stop shop, we remove unnecessary duplication and give you the benefit of low, transparent charges and market-leading initial and annual savings on funds.