Self-Invested Personal Pension

An easy way to invest free from UK tax

A SIPP or self invested personal pension is a type of personal pension that gives you a far greater level of freedom about how you invest your retirement funds than you can get with any other pension. You are in complete control of how and where your money is invested - you make the decisions that will determine how your pension pot performs but if you need it, we’re qualified to advise.

What are the SIPP tax benefits?

SIPPs offer some great tax benefits. For example for every £8,000 you contribute to your SIPP, the government pays in £2,000 and if you are a higher rate tax payer in the UK, you can claim further tax relief. Anyone under the age of 75 can pay into a SIPP - even when you are not earning you can contribute up to £2,880 net each tax year and receive tax relief. Before investing in a SIPP, you must understand that, just like other pensions, the money is going to be locked in until you reach at least 55 years of age.

How do I access my SIPP?

Once you reach 55 you can access your whole pension pot. You decide how and when to use the fund built up in your SIPP to provide you with an income. You can take up to 25% of your fund as a tax free lump sum and use the balance to provide you with a pension through income withdrawal from your SIPP or through the purchase of an annuity. You can also take a series of lump sums from your SIPP – it’s flexible.

A SIPP is not right for everyone, but the freedom it offers you compared to a traditional pension can far outweigh the extra time taken to run your own pension. So open a SIPP today and start securing your financial future. Pello Capital does not offer investment advice, so you would need to be sure you are comfortable with managing your SIPP yourself before applying.

Opening the doors to a better retirement

Self-invested personal pensions (SIPPs) are a type of personal pension . They are an individual contract between you and the pension provider. However, SIPPs offer much wider investment powers than are generally available for personal pensions and group personal pensions.

The wider investment powers can allow you to invest in a wide range of assets, including:

  • quoted UK and overseas stocks and shares
  • unlisted shares
  • collective investments (such as OEICs and unit trusts)
  • investment trusts
  • property and land (but not most residential property) insurance bonds

Add to your pension up to £40k

Although your employer may choose to contribute to your SIPP, there is no obligation that they do so. Where an employer does contribute, they may require that you, also contribute, for example by ‘matching’ your contributions.

SIPPs are flexible and are portable. If you change jobs, or stop working, you can continue contributing to the scheme, and, if you join a new employer, they may also decide to contribute to it. If you do change jobs, you should let the pension provider know to ensure that your contributions continue (especially if your old employer was paying contributions on your behalf).

Since 2006, there has been no restriction on the number of different pension schemes that you can belong to, although there are limits on the total amounts that can be contributed across all schemes each year if you are to receive tax relief on contributions.


Why Choose Us

The private client broking team at Pello is dedicated to providing the best available service. Our clients are comprised of a broad mix of new and experienced investors, small and medium-sized businesses and financial firms. The team provides a variety of services including execution-only, stockpicking and wealth management. Products include UK and International equities, Contracts for Difference (CFDs), SIPPs and ISAs. We also have specialist in-house traders covering other derivatives, structured products and high yield debt instruments.





Pello Capital Limited offers investments and services to clients, which are primarily considered to be high risk investments. Some investments such as contracts for difference use leverage which can magnify gains but equally can magnify losses. Leveraged products may lose investors more than the amount they initially invested. This website is provided for information purposes only. It is not an offer to sell, or a solicitation of an offer to buy, any security, nor enter into any agreement or contract with Pello Capital Limited. All information provided is indicative and subject to market conditions and availability. Not all financial products are suitable for all investors. Before entering into any transaction you should ensure that you understand and have made an independent assessment of the suitability and appropriateness of the transaction into which you are entering and the nature and extent of your exposure to risk of loss in light of your own objectives, financial and operational resources and other relevant circumstances. You should take such independent investigations and such professional advice as you consider necessary or appropriate for such purpose. Past performance is no indicator of future success.

Pello Capital Limited, company number 5267797. Pello Capital Limited is authorised and regulated by the Financial Conduct Authority (FCA) with Financial Services register number 449720 and is a member of the London Stock Exchange (LSE) and Nex Exchange.