Money Talk

Money Talk

Share this post

Money Talk
Money Talk
MT Week - Could you benefit from a self-invested personal pension (SIPP)?

MT Week - Could you benefit from a self-invested personal pension (SIPP)?

Qin Xie's avatar
Qin Xie
Feb 20, 2022
∙ Paid

Share this post

Money Talk
Money Talk
MT Week - Could you benefit from a self-invested personal pension (SIPP)?
Share

When I wrote about how to choose a pension if you’re self employed last year, I briefly mentioned self-invested personal pension (SIPP) as an option.

Despite having been around for more than 30 years, it’s still one of the least popular pension options around.

It’s no surprise really - when it first launched in 1989 (by Nigel Lawson no less), the costs were so high that it presented poor value for money if you didn’t have a big portfolio.

But thanks to improved technology and more competition, the associated fees have dropped significantly, meaning it’s much more accessible to more people.

And yet, given the huge range of investment options made available by SIPPs, it can still be overwhelmingly complicated to administer for the average person.

With that in mind, I got some insights from Tony Clark, senior propositions manager for pensions at St. James's Place Wealth Management, on when a SIPP might work for you.

Keep reading with a 7-day free trial

Subscribe to Money Talk to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Qin Xie
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share