SIPP Advice Centre

Self-invested personal pensions (SIPP Investments) offer far greater flexibility than ordinary personal and occupational pensions because you can have many types of investment in them, including British and foreign stocks, unit trusts, investments trusts, managed life funds, unit-linked funds, and even commercial property.

This allows you to spread the risk of products or providers performing badly. If you are unhappy with the performance of your ordinary personal-pension provider, switching to another provider is simply not cost-effective in the early years because charges are often loaded on to the first years’ contributions.