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ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

Five Sipp facts not many people know

By Kirsten Hastings, 31 Jul 17

An estimated one million people have opted for self-invested personal pensions (Sipp) as they offer a wide choice and the freedom to invest almost anywhere. Hargreaves Lansdown have put together some of the lesser-known facts about the increasingly popular retirement vehicle.

You don’t need a financial adviser to start a Sipp
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You don’t need a financial adviser to start a Sipp

In the early days, for most people you could only start a Sipp through a financial adviser, which meant additional costs before people even began to invest.

It can now be done by anyone and setting up a Sipp can be done online or over the phone.

Tags: Hargreaves Lansdown | IHT | Inheritance | Sipps

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.