I-SIPP launch

The Premier Group are delighted to announce the launch of the Premier Group/Hornbuckle Mitchell I-SIPP.

The I-SIPP is designed for those individuals who

• Have paid-up Personal Pensions
• Have retained benefits in Final Salary, Money Purchase or Group Personal Pension schemes
• Have fund levels approaching the Lifetime Allowance
• Are unhappy with current investment performance
• Are unhappy with non-transparent charges
• Are unhappy with fund-based charges suppressing fund growth
• Would like to invest in commercial property
• Have a portfolio of different pension types which require consolidation
• Have high cash entitlements
• Want lower charges

The underlying aim is for personal pension holders to take control of their investment decisions.

Take I-SIPP - Take Control

• Use an I-SIPP to hold existing
• Personal Pensions
• SIPPs
• Money Purchase company benefits
• Final salary company benefits

One Personal Pension for all previous pension entitlements

• Benefit from NEW rules designed to encourage pension planning
• Bring all pensions created throughout life into one plan
• Unify retirement age
• Review costs and benefit from a single structure
• Understand the options available
• Have all existing pensions plans working together

Income Flexibility

• Take benefits from age 50
• Cash at 25%
• No need to take income every year - annual minimum "nil"
• No need to buy an annuity - ever
• Take what you need annually
• Cash from and expected early access to Protected Rights
• Receive benefits gross if living outside the UK (in some circumstances)

Succession Options

• Create a family pension
  
• Residual value not lost on death
• Leave the pension pot to spouse, children, grandchildren etc.,
• Specify how beneficiaries are to receive this valuable asset
• Tax may be charged but never greater than IHT (in many instances less)
  
• Pension "pot" passes in-tact in the event of death before benefits taken
• Death in retirement (pre 75) pot available to anyone with 35% one off tax
• Death after age 75 there is a tax charge of 40%

Investment control

• Diversify - not restricted to one company’s investment funds
• Make the structure as simple as you want it
• Set your risk/reward
• Understand the potential returns
• Build benefits for you and your family

 
For more information contact isipp@expatfinancedirect.com