SIPPs (Self-Invested Personal Pensions) are pension schemes that give you the freedom to decide exactly how your retirement savings are invested. Because you manage your investments, a SIPP is effectively the ‘do-it-yourself pension scheme’.
Low-cost features include:
- Great discounts for frequent dealers and regular investors
- An annual cash bonus of up to 0.5% on fund investments
Please note the value of investments can go down as well as up and you may not get back your original investment.