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What the experts say about SIPPS
Take advice, shop around and don’t get carried away with the idea that you are about to enjoy a free lunch. Although advertisements for SIPPs are springing up almost everywhere, most experts recommend great caution before proceeding and emphasise that Sipps will not be suitable for a large number of people.
The best advice is to take advice and to think carefully about your personal circumstances before investing in a SIPP. It might well be that the less exciting traditional pension funds might be more suited to your needs, however tempting it is to go for the option of a SIPP.
If you are worried about your investment or have invested in product such as the following please get in touch.
- Off plan properties
- Store Pods
- Wine
- Global Forestry Investments
- Australain farmland
TLW Solicitors are here to help on a no-win no-fee basis.
You don’t have to be an investment genius to have a Sipp
They’re great for:
- Pulling a whole load of personal pensions together;
- Having a wider variety of investments than in a normal personal pension including shares and commercial property;
- Giving you day to day control over the “big picture” such as moves from shares to cash or vice versa;
- Letting you into “income drawdown” – a way of having your tax free cake while keeping your pension invested. Income drawdown needs specialist help.
