Less not more professional pensions advice available
Oct - 11 | 
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Property Investment Guide
At a time when we could all do with more, not less, honest pensions advise we face the fact that the number of IFA’s are set to decline, by some estimates, around 30%* or so by December next year. Whilst this is a government-driven initiative to ‘improve standards’ through the RDR (Retail Distribution Review), including enhanced training, changes to how sales commissions are paid and paying upfront for investment advice, many people will no longer either have readily available advice or be ‘financially attractive enough’ to those remaining IFA. Many will be forced to ‘go it alone’, either through the governments forthcoming blanket NEST pensions initiative or through taking control of their own pension destiny through a SIPP. *Professional Adviser magazine 6th September 2011
What does a SIPP look like?
• A SIPP puts you in control of your pensions
• Helps bring redundant or frozen pension plans back to life
• Complete flexibility and choice of contributions, not fixed monthly amounts
• Combine pension plans to create one SIPP fund
• Claim tax relief of up to 40% when you contribute to a SIPP
• Tax free growth and a tax free lump sum when you retire (from 55 years old)
• Not liable for Inheritance Tax on death if have not started drawing upon your SIPP
The SIPP Zone brings together a unique gathering of pension ‘whistleblowers’ with free seminars and 1-2-1 advice at Excel London 13th- 15th October.
For those that can’t make it to the event there is a handy free guide to download from www.sippzone.info