Pension UK | SIPPs Explained | Who Are The Best Providers 2022?
Channel: Financial Madness
Date: 2022-02-01

SIPPS (Self-Invested Personal Pensions) may be an acronym you have heard a lot in the Personal Finance Space. In this episode I am going to breaking down what SIPPS Pensions are? If you should consider opening a SIPP Pension? And the Best SIPP Pensions currently on the market.

What is a SIPP?
It stands for Self-Invested Personal Pension and as you guessed it is a type of Pension which allows you to save  and invest your money in the hopes that overtime you would have built a big enough pot to help fully or partially fund your retirement years. 
SIPPS are sometimes dubbed as the "DIY Pensions",  and that is because how much money goes into a SIPP Pension and which investments are chosen, is all down to you.  And because they are a type of Pension it comes with particular Tax Benefits which makes it a great vehicle to save for retirement. 

Chapter Information (Pension UK | SIPPs Explained):
0:00 Introduction
0:22 What is a SIPP?
2:59 Types of SIPPs
4:14 What do SIPPs invest in?
5:23 Should you get a SIPP?
6:42 Understanding SIPP Fees
7:54 Best SIPPs Available

🔹 Which - SIPPS: https://www.which.co.uk/money/pensions-and-retirement/personal-pensions/self-invested-personal-pensions-sipps/what-is-a-sipp-a4p4n0c1ts84

🔹 Vanguard SIPP: https://www.vanguardinvestor.co.uk/what-we-offer/personal-pension/personal-pension-account

🔹Close Brothers Asset Management SIPP: https://www.closebrothersam.com/investing-online/self-invested-personal-pension/

- Charges: https://www.closebrothersam.com/media/1927/cbam3373-self-directed-charges-factsheet.pdf

🔹AJBell SIPP: https://www.youinvest.co.uk/sipp

-Charges: https://www.youinvest.co.uk/sites/default/files/AJBYI_SIPP_charges.pdf

🔹KILLIK & Co Full SIPP: https://www.killik.com/plan/planning-for-retirement/self-invested-personal-pensions/

DISCLAIMER - Any advice or (statements perceived to be advice) given in this video and any other videos on my channel are for information purposes only, and does not act as financial advice.  Your  are fully responsible for your financial decisions. If you are in need of Financial Advice, please seek out a professional advisor. If your are unsure on how to do this, feel free to reach out to me and I am more than happy to guide you.

#PrivatePension #SIPP #PensionUK