What is a SIPP?

A Self-Invested Personal Pension (SIPP) is a UK pension account that allows individuals to choose and manage their own investments. Contributions benefit from tax relief (subject to annual and lifetime limits), and investments grow free from UK income tax and capital gains tax within the pension. Funds are generally accessible from the minimum pension age set by the government.

For more information, please refer to: Personal pensions: Overview - GOV.UK

Eligible Investments

SIPPs can typically hold a broad range of investments, provided they meet UK pension scheme rules. Eligible assets generally include UK and overseas shares, investment trusts, open-ended funds, bonds, and exchange-traded funds (ETFs) listed on recognized stock exchanges. UCITS ETFs are eligible for SIPPs, as they are regulated and trading on recognized exchanges. Investors should confirm specific investment eligibility with their SIPP provider.