Article Abstract:
British self-invested personal pensions (Sipps) are suitable for peoplewho have the skills and desire to manage their pension portfolios themselevs. Dealing costs are dropping, and investors have better access to data than previously, so Sipps are becoming more attractive. Investors should bear in mind a number of factors, such as whether companies they consider investing in are meeting demands likely to increase over time. Investors should also aim to identify long-term trends.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Changes affecting British self-invested personal pensions are examined in detail.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
United Kingdom income drawdown products allow some flexibility for those seeking to defer the purchase of an annuity, and have been permitted since the 1995 Finance Act. There are risks involved with income drawdown products which have been less apparent since there has been a bull market in stocks, but which are likely to be revealed in a bear market. Annuity rates are likely to drop, and the market for these products is large, but investors may have to be aggressive in order to obtain good returns.
User Contributions:
Comment about this article or add new information about this topic: