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SIPP
Personal
WHAT IS IT?
A SIPP is a type of personal pension that can offer a wider range of investment choices, subject to its rules and provider.
IN PLAIN ENGLISH
It is a personal pension where you generally have more control over how the pension is invested.
SIMPLE EXAMPLE
A SIPP can hold eligible investments chosen from the provider's available range. Charges, investment risk and pension rules still apply.
WHY DOES IT MATTER
More choice does not automatically mean a better outcome. Understanding the investments, costs and risks is important.
THE ROCKET TEST
A SIPP is a personal pension with a broader range of investment choices than some standard pension arrangements.
SEE IT IN ACTION
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