- A SIPP puts you in control – always know where your money is invested and how it's performing
- A SIPP provides generous tax benefits on the contributions you make to the account as SIPP plans are free from Capital Gains Tax (CGT) and Income tax
- You cannot withdraw money from your SIPP until the age of 55, however you can normally take up to 25% of your SIPP as a tax free lump sum from this time
- SIPP funds can often pass to your spouse free from inheritance tax should you die before taking the benefits
Tax treatment depends on individual circumstances and is subject to change.