Sipp-licity itself

Anderson, Richard

Sipp-licity itself - 2007 - Investors Chronicle Moneyplanner July 2007, 3-5(3) .

Describes the different types of Self-Invested Personal Pensions (SIPPs) available. Argues that while many investors and advisors are apparently confused by SIPPs, the rules applying to them are actually simple. The source of confusion could be the sheer number of products available. Execution-only SIPPs are low-cost, and while they do not offer a full range of portfolio freedom, they offer much wider choice than standard personal pensions. Life company SIPPs offer good deals on in-house funds, but are a little outdated and can result in average returns. Full SIPPs offer the greatest investment choice, but charges are high.


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