Talking to a qualified financial advisor can help you find the best pension product for you so that you can sit back and concentrate on the things that matter most to you.
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We sit down with a self-invested pension expert to learn more about investing, saving for the future, and providing for the family in old age.

Will Self is CEO of Curtis Banks, a self-investing company Pension insurance provider with offices across the UK, including Ipswich. Here he answers your most frequently asked pension questions and reveals how you can benefit from a SIPP.

A SIPP gives you more control over how your money is used and where it is put.
– Photo credit: Getty Images / iStockphoto

A: SIPP stands for self-created personal retirement provision. It’s like a DIY pension pot that gives you more control over your money. You can make personal contributions and decide how the money is invested.

Employers are not involved in setting up a SIPP; it is a contract between you and your chosen pension provider. However, employers can still pay contributions to SIPPs. SIPPs are ideal for people who want a greater stake in their retirement. However, we always recommend consulting a professional financial advisor before making a decision.

A: You start by choosing a SIPP provider and the product you want. You can then decide how to pay into the personal pension. You can make contributions or transfer funds from other pension funds. It is common for people to get some pensions from different occupations and use their SIPP to consolidate the total.

You can then select and manage your investments. There are many types to choose from, including standard stocks and shares, as well as more complex assets like commercial real estate.

A: You have more control over where your money is invested, to more flexibility in how you choose to place your money Retirement Withdrawal.

Most auto-enrollment schemes do not give you that much freedom. With a SIPP, you would typically work with a financial advisor and investment manager to decide how to save and grow your wealth.

SIPPs are one of the most flexible retirement options and still give you tax breaks on contributions, tax-free investment growth, and usually protection before IHT (inheritance tax).

Talking to a pension provider can help you understand what products they offer so you can start planning for your retirement.
– Photo credit: Getty Images / iStockphoto

A: Working with a qualified financial advisor can help you find a product that is right for your situation.

You should consider how much ongoing commitment you want your pension fund to be. You also have to decide how much money you are going to invest and what fee structures your pension provider offers. It is best to think about your short-term and long-term savings goals, because this will help you decide whether a SIPP is the right pension product for you.

Q: Can you tell us more about the advantages of the product you are offering Tell “Your Future SIPP”?

A: Even under SIPPs there is a large selection of available product types. We have made Your Future SIPP as flexible as possible so that the product can grow as requirements change and adapt with you.

We charge fixed fees, i.e. H. You stop paying as your wealth grows and only pay for the features when you use them. You also have access to all of the pension-free options so that you can use the fund in the way that is best for you.

A: We are one of the UK’s leading independent SIPP providers and we offer high quality customer service, a lot of experience and passion for what we do.

If you want more control over your retirement or are about to retire and want to know your options better, we strongly recommend that you seek financial advice allow. You must speak to a financial advisor before applying for any of our SIPPs. If you don’t have a financial advisor, you can find one on MoneyHelper’s Pension Advisor Directory, a service provided by the government as part of the money and pension service.

The value of pension funds can go down as well as up. Your money is tied up until you start drawing your retirement benefits. In principle, the benefits can be used at any time after the age of 55, but this should increase to 57 years in 2028.

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Ref: https://www.eadt.co.uk