Personal, Stakeholder and Self-Invested Personal Pensions

Prior to 1956, pensions were only available through an employer.  Personal Pensions of various types allow all individuals to have a pension whether employed, self-employed, house-person or unemployed.

Personal pensions have been available under different names since Retirement Annuity Contracts were introduced in 1956.  Retirement Annuity Contracts were replaced by personal pensions on the 1st July 1988.  Stakeholder pensions and Self-Invested Personal Pensions (SIPPS) are variants of Personal Pensions.

Self-Invested Personal Pensions (SIPPS) have become popular because they can offer a broad range of investment options.

Stakeholder Pensions have become popular because they have a cap on charges.

We provide advice on all types of new and existing personal pensions including:  Retirement Annuity Contracts, Personal Pensions, Stakeholder Pensions, and Self-Invested Personal Pensions (SIPPS).

A pension is a long term investment. The fund value may fluctuate and can go down, which would have an impact on the level of pension benefit available