SIPPs: Providers split on whether investment choice should be restricted

Providers split on whether investment choice should be restrictedSelf-Invested Personal Pensions (SIPPs) are popular with investors mainly because of the investment flexibility they offer, compared to other forms of pension. However, regulators have warned that some investors, as well as unscrupulous advisers and salespeople, are taking advantage of this flexibility by taking out or selling investments, which may not meet HMRC rules and could therefore lead to unforeseen tax charges. One possible solution, to the problem of assessing whether an investment meets HMRC rules, and therefore avoid a tax penalty, would be ...

Guest blog: Give your SIPP a boost with offset lending

AstuteIn his first guest blog for Investment Sense, founder of Astute Trustee Services, Andy McLaughlin, looks at a different type of SIPP lending: If you are like most people in this country you started thinking about your pension way too late in life, which is hardly surprising with all those commitments – mortgage, kids, university fees, weddings and not to forget the ageing parents who are increasingly becoming dependant on you to meet their living costs. The problem And now, just when you have good income or corporate profits and are reaching the ...

SIPPs: New SIPP launched by Astute Trustee Services

New SIPP launched by Astute Trustee ServicesLaunching a new SIPP (Self-Invested Personal Pension) at the same time as two regulatory reviews are underway and the market is in a state if upheaval is a brave move, but that’s exactly what Astute Trustee Services have done. The Preston based organisation, led by Professional Trustee, Andy Mclaughlin has recently launched a Simple SIPP as well as a Complex SIPP; a SSAS (Small-Self Administered Scheme) completes the range. Astute Trustee Services Simple ...