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 SIPPs Group Plans.

 
 
 

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SIPPS group plans

 



Group SIPPS

For businesses a Group SIPP behaves in much the same way as a group personal pension plan with the advantage of single scheme administration and group contribution collection. The schemes are setup under SIPP regulations so self investment is allowed and employees can take advantage of the SIPP functionality and flexibility.

A group SIPP should offer a pension scheme that is able to cope with the changing investment needs of employees over their lifetime, giving the same flexibility and control to the individual both within the investment term and when an income is required during retirement.

Group SIPPs Charges and Costs.
A good Group SIPP should have a flexible charging structure to keep  running and setup costs to a minimum. Scheme investors should only pay for the options they use, additional charges should only be levied when an individual chooses to use additional investment options available within the SIPP.

When choosing a SIPPs scheme provider, it is extremely important to understand the charging structure and determine the ongoing cost of administering the plan.

 

 


The information contained within this website is subject to the UK regulatory regime and is therefore restricted to consumers based in the UK and UK expatriates.

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