SIPP


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SIPP

Self-invested pension plan. A UK pension plan funded by income from monies earned outside of NHS employment.
References in periodicals archive ?
Moreover, the SIPP would be the basis in providing perks not only for companies registered under BOI, but to all other investment promotion agencies such as the Philippine Economic Zone Authority (Peza).
Obviously, there is no point paying high charges for a SIPP that allows you to hold commercial property if you are never going to use that facility.
This design stands in contrast to the SIPP, which has a single panel in the field at any given time.
After many months of mixing, testing and tasting, SIPP debuted at the Natural Products Expo in Boston and unveiled a brand new line of organic sparkling beverages sweetened with agave.
There are approximately 200,000 SIPP investors in the UK.
Modern SIPP providers now give access to your account online, accessible 24 hours a day so you can check performance rather than waiting for the annual statement normally provided with traditional pensions.
Steve Latto, head of pensions at Alliance Trust Savings, said: "A child SIPP should be a major consideration for parents keen to create a significant pension pot for their child.
Jo French, Managing Director of Pointon York, said: "The launch of our Shari'ah-compliant SIPPs is significant for Muslims, their IFAs and employers; it will encourage all parties to consider pensions as an important tool when planning for their retirement.
It is worth bearing in mind that you can also have a joint SIPP where you and a business partner combine pension funds to purchase a property for your business.
SIPP trustees must also be careful to ensure that the price paid is not inflated but represents a true valuation, which may not be the case where a premium might be charged for land protecting the boundary of a house.
He said: "All of the members of Archers Law have contributed funds to the SIPP to purchase our new offices.
Second, in studies using data from the Current Population Survey (CPS), the Survey of Consumer Finances, and the SIPP, workers are generally counted as participating in a pension plan if they respond affirmatively--having decided the definition of participation themselves.