SIPP
A SIPP, or self-invested personal pension, is a type of personal pension that lets you choose your own investments from a wide range.
Also known as: self-invested personal pension, SIPPs
It works like other personal pensions, with tax relief on contributions and access from age 55, rising to 57 from April 2028. You can usually choose funds, shares and investment trusts.
Platform and fund charges vary, and investments can lose value. Check that the provider is authorised by the FCA.
Free, impartial guidance is available from MoneyHelper and Pension Wise. Be wary of any unsolicited offers about your pension or investments.
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This page provides general information only. It is not personalised financial, legal or tax advice, and rules and figures can change. Your situation is unique — please check official sources such as GOV.UK and MoneyHelper, and speak to a qualified, FCA-authorised adviser before making important decisions about your money.