The basic benefit of a SIPP is the wide range of investments it provides access to – including funds, shares, gilts, ETFs and investment trusts. Some can even allow access to more esoteric investments like commercial and foreign property.

This range of options makes it much easier for the retirement investor to manage their portfolio – setting up and monitoring their investments specifically in line with their own needs and then switching between investments and asset classes easily as their situation changes.

Despite this flexibility, SIPPs are not necessarily right for everyone. Flexibility is a major consideration but one which needs to be weighed against existing investment products, charges, time to retirement and your attitude to risk. However, in the right circumstances, they can open up a whole world of investment opportunities, which could seriously enhance some investors' potential for a comfortable retirement.

How can we help?

We have access to the entire market of pension products and options to help you look for the best solution for your needs. If you would like a comprehensive introduction to the types of planning available, call us for more information.