Select Global–Flexible SIPP Investments

Select Global work closely with several of the leading UK SIPP providers and all our products are SIPP approved.

Investment ‘flexibility’ is a key feature of pensions today but when personal pension plans were introduced in 1988 they were far from flexible with plan holders restricted to funds offered by their product provider.

However, the government had a desire to widen the flexibility and appeal of personal pension provision and the Sipp concept was given the green light by Nigel Lawson in March 1989 to “make it easier for people in personal pension schemes to manage their own investments”. Over time Sipps have become synonymous with flexibility in personal pensions.

The number of Sipps began to grow. By 2008, 633,000 Sipps were in force, according to ABI estimates, and a report by Mintel in 2010 estimated new single premium business had grown by a staggering 679 per cent between 2004 and end of 2009.

Today pension choice is wider than ever, yet Sipps have captured the imagination of advisers and savers more than any other individual pension product.

(read more: www.ftadviser.com )

A SIPP ( self-invested pension plan) allows the individual to consolidate their investments and pensions portfolio and “wrap them up” within a SIPP taking advantage of the TAX relief available.

Recent changes in Pension legislation that came into force in 2006 mean it is possible to now include for example:

Carbon Credits

Rare Earth Metals

Precious Metals

 

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