SIPP Investment

A Sipp can be used to hold a wide range of investments from shares, gilts, unit trusts, investment trusts, insurance company funds and commercial property, but not private property.

Many wealthy individuals are no longer satisfied with leaving their retirement nest eggs in the hands of underperforming fund managers, and so are increasingly switching to DIY personal pensions.

There are a wide range of assets that can be held in The Essential SIPP. This allows the member to spread risk and select assets that most closely meets their needs. This could include the appointment of a Stockbroker, purchase of Unit Trusts and the self selection of Gilts or equities via the members own broker.

Also, you have more choice if the investments perform badly - you can simply move the money to another investment house, rather than being tied when a fund performs badly. You can make the decisions yourself, or use a stockbroker or financial adviser to do it for you.

The popularity of SIPPs in recent years is undoubtedly partly due to the flexibility they offer to customers, by allowing them to invest in a wide range of investments.

It's possible to unleash yourself from pension providers and take control of your own retirement planning. A Sipp, a Self Invested Personal Pension, allows you to personally manage the choice of investments. Pick the right provider and do your research and you can shear serious costs from your pension, ensuring you gain.

Many wealthy individuals are no longer satisfied with leaving their retirement nest eggs in the hands of underperforming fund managers, and so are increasingly switching to DIY personal pensions.

Someone with their own business might decide to use the property assets - such as offices, factories, agricultural land and warehouses - as part of a retirement nest egg. In this case, they would pay rent directly into their own pension fund rather than to a third party, usually an insurance company.