SIPP - Self Invested Personal Pension
The advantages of a SIPP include:
- Flexible contributions including Income Tax relief (and Corporation Tax and National Insurance relief on Company Contributions)
- Ability to receive Pension Transfers
- Commercial Property purchase (individual SIPP's may combine for this)
- Borrowing for property purchase
- Residential Property Collective Investment Schemes
- Purchase of unquoted shares
- Flexible retirement options
- Investment control
Westerby Trustee Services is among a handful of professional trustees able to offer and administer its own SIPP. We provide a comprehensive Professional Trusteeship and administration service to operate a SIPP effectively and efficiently.
- Policy documentation
- Annual reports
- Operation of bank account
- Reclaiming tax relief on your contributions
- Benefit calculations and pension payments
- You will be a Trustee of your individual SIPP, and all investments are held in joint names of you, and Westerby Trustee Services Limited.
Solo SIPP - Self Invested Personal Pension
Westerby Trustee Services has a low cost SIPP which is branded SOLO SIPP. Recognising that not all investors wish to have access to all investment types available through a full SIPP, the SOLO SIPP allows a single investment into one funds platform (of your choice), or one insurance company Trustee Investment Plan, or an investment with one Discretionary Fund Manager from our selected panel.
Based on this single investment strategy the investor benefits from lower SIPP administration charges, both initial and annual, and also retaining the right to convert into a full SIPP at any point in time, which would mean reverting to the full SIPP charges.
If you’d like more information about Westerby Trustee Services
Sales & Admin +44 (0) 116 326 0183
Email us here
We will contact you to arrange an initial consultation.