SIPP Investors taking control of their pensions
One of the main reasons for an investor choosing a self invested personal pension (Sipp) is because they can actively manage how their pension is invested.
According to Barclays Stockbrokers: -
One in five account holders see a Sipp as an ideal way to supplement their main pension savings
One in ten investors do not currently have pension provisions
One in three believe they can outperform a professional pension fund manager
It is therefore essential due to the volatility of stock markets recently, and the demise of Final Salary pension schemes, to seek Independent Financial Advice. Regular reviews will ensure reassessment of current circumstances, attitude to risk profile, and any recommendations regarding regular contribution levels, and fund choices.
All pension savings must work harder to achieve the returns needed to ensure a comfortable retirement.
Sipps were ideal for experienced investors who want to take control and manage their own pension pots.
Brian Flindall from Credencis says "Sipps are the most tax efficient trading account available and allow investors the flexibility to build a retirement portfolio to match their appetite for risk".
"Our clients are continuing to take advantage of the control and transparency offered by a SIPP and the freedom it provides to maximise their potential retirement savings."
Source: FTadviser
For bespoke pension advice please contact Credencis.
We are situated near to Derby, Leicester, and Nottingham.
Credencis
"Live for today, Invest for tomorrow"
Views expressed by our author, are the personal views of the author alone, and are not intended in anyway to be construed as advice.They should only be used as guidance and are not necessarily suited to the personal circumstances of every individual in the UK.If you are interested in seeking advice further then please contact Credencis direct.
| Related News: |