SIPPs: 12 things everyone should know about their SIPP

iStock_000002419188_ExtraSmallSIPPs (Self-Invested Personal Pensions) are now a mainstream way of saving for your retirement. Indeed recent figures have shown there are now more than one million SIPP’s in existence. So, if you are one of the million or so people with a SIPP, how do you know you have the right SIPP? What questions should you ask your SIPP provider? What information should you know but perhaps don’t? Read on to find out 12 things every SIPP investor should know. 1. How much ...

SIPPs: SIPP providers who allow riskier investments forced to hold more capital?

The subject of capital adequacy for SIPP providers reared its head again yesterday, with the FSA (Financial Services Authority) saying that it may force SIPP providers, who allow riskier SIPP investments , to hold more capital than their rivals. Capital reserves SIPP providers are currently required to hold capital equal to six weeks overhead as demonstrated by the audited accounts. Need advice on your SIPP?...