SIPPs are a specific type of Personal Pension Plan with added flexibility in both the scope of investment options as well as in the method one can take the benefits when one retires.  Contributions to SIPPS benefit from the same tax relief applied to personal pensions but have added features which may be beneficial in the long term. 

The benefit of this type of pension is the extensive array of investment options available as well as the ability to place non-conventional assets into the pension itself.  

Where we at Odyssey are able to add real value is to ensure that not only are existing pensions best placed and working for you, but also how your pension plans make up your net wealth position and fit into your retirement strategy.

To find out more about how we at Odyssey Wealth can help you with retirement planning, please feel free to contact us.

Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.