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).
The Chatsworth Practice Ltd adheres to and subscribes to the Financial Ombudsman Service. For full details of their service click here or contact us for further information.
The Chatsworth Practice Ltd is an appointed representative of Sanlam Partnerships Limited which is authorised and regulated by the Financial Conduct Authority under number 563682.
The Chatsworth Practice Ltd is registered in England and Wales registered number 05974782. Registered office 6th Floor, Dean Park House, Dean Park Crescent, Bournemouth, BH1 1HP
Some aspects of inheritance tax planning and trust planning are not regulated by the Financial Conduct Authority (FCA).
Decisions should not be taken based solely on the content of the website and individual advice should be sought first. Regulations, levels and bases of taxation are subject to change. The firm is not responsible for the content of external links. The content is aimed at UK residents.