Select-Global: Who Are SIPPs Suitable For?

Sipps are about choice and control, not just while saving but also when taking benefits.

By Emma Ann Hughes

SIPPs appeal to any pension investor with the confidence to manage their own affairs while working or in retirement, either alone or with the help of their own professional adviser.

SIPPs are the only way to invest pension money in non-standard and esoteric assets or to borrow within the pension scheme.

Today’s range of SIPPs and highly competitive charging make them an option for a wide range of investors who are serious about building up a pension pot, including those building up provision alongside a defined benefit scheme.

These include both wealthy and many of the ‘mass affluents’ who make up most advisers’ key clientele.

For a low cost SIPP, the fund value involved can be smaller but will often be £100,000 plus.

The costs for these products will often be comparable with the costs for personal pensions and funds platforms so it is logical that it is viable to recommend them for clients with similar fund sizes.

For this type of investor, the investment strategy may involve use of cash deposit facilities, unit trusts, Oeics, gilts, exchange traded funds, commercial property, funds platforms or a discretionary investment manager.

For the full bespoke SIPP, the typical client will tend to have a larger pension fund and may be considering many of the investment areas listed above plus more esoteric investments.

Select-Global is one of the most influential and innovative companies in the Alternative Investment and SIPP Investment arena.  We are dedicated to guiding our investors through the sometimes complex world of investment opportunities that the global Alternative Investment markets offer.

The SIPP allows for a far greater choice of investment choice than a traditional pension scheme, and crucially it allows you to make these choices yourself. Find out more by visiting www.select-global.com