Address

Berkeley Knight Ltd
Northbridge House
Elm Street
Burnley
Lancs
BB10 1PD

Tel: 01282 792601 Email: admin@berkeleyknight.co.uk

WHAT IS A SiPP

A brief explanation of a SiPP

SIPP stands for Self-invested Personal Pension. It is a type of personal pension and is designed to provide an income in later life. You make contributions into it and receive tax relief in the same way as other pensions. The key difference is that you get much greater control over saving for retirement because a SIPP gives you more freedom to choose how to invest your retirement savings and manage them over time.

WHAT IS A SSAS

A brief explanation of a SSAS

A SSAS (Small Self Administered Scheme) is a pension set up under trust by an employer, for employees, directors etc. All members of the SSAS have control over the investments. SSAS investments can be used to loan money to the company and can provide an income drawdown or lump sum to dependants. SSAS pension plans are separate from the employer and are safe in the event of company breakdown or liquidation.