Self-invested personal pension (SIPP)
A type of pension that gives you more control over your pot. You can choose how much you pay in, as well as what you invest in.
As it’s a pension, you have generous tax reliefs and incentives on money you save into a SIPP (although limits do apply), and your investments can grow free of tax.
When the time comes to access your SIPP, you can take up to 25% tax free, and you’ve flexibility over how and when you draw income from the remaining pot.
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