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Pension investment Funds | Investment Rules 2017

tick Leave remaining pension funds to your chosen beneficaries free of IHT prior to taking benefits.

tick Can take commercial loans within your pension fund.

tick Be given the option to choose various low cost structures.

tick Continue to make contributions to your pension, offset by any UK tax you may be earning, or up to £3,600 per annum if you are a UK resident or have been in the last 5 years.

tick Take the option of just tax free cash or just income.

tick Enjoy the lowest cost option of all offshore pension solutions.

tick Pension income paid in accordance with relevant double tax treaty with the country that you reside in at retirement – for smaller incomes this could be most tax efficient method when balanced against greater charges of other offshore options.

tick Enjoy greater flexibility and investment freedom.

Avoid Huge Commissions:
We will conduct business at minimal cost to you.

If you do not require advice, or if you have received advice and want to save money then we are able to conduct your business at minimal cost to yourself, if you are prepared to sign as acting for yourself (third parties need not apply).

Example criteria for current SIPP rules 2018

I have UK pensions (excluding state pensions) worth at least £50k


I wish to have a low cost structure


I may be returning to the UK


I have already purchased an annuity?


My private / personal pension is already in drawdown?


My company / occupational pension is already in drawdown?


I am still a UK resident and have no intention of moving overseas?


I am overseas and want to take advantage of the new 2014 rules


What is a SIPP?

A Self Invested Personal Pension (SIPP) is simply a UK pension vehicle for allowing investors to control their investment strategy, and retirement, themselves. It offers more control to the individual and does not rely on trustees to make decisions for them. It is ideal for those with larger UK pension pots, for those who are temporarily, but not permanently non-resident expatriates (expats), or for those who think they are likely to return to the UK to live in the future (who should not be considering QROPS in the main).

Why would a SIPP be better than a

With the new rules brought out in the March Budget 2014 then some benefits, such as income and flexibility to take capital will improve. Also, the fact is that QROPS or QNUPS is far more expensive than most SIPP products, if not initially then in terms of annual charges. Also, whilst a SIPP may not have the same flexibility in terms of investments, those investments will not come in an investment bond, and therefore be a fraction of the cost. The current SIPP rules 2015 make SIPP’s far more attractive whether you are in the UK or overseas although Lifetime Allowance considerations should be taken into account.

Pension Lifetime Allowance?

Wherever you live in the world if you hold British pensions that have a value in excess of £600,000 or a Final Salary scheme with a projected income greater than £45,000 then you may have a problem with being hit with tax penalties in the future based on british tax calculated on excess over the pension lifetime allowance, and you should be planning for it now.

If you live in the UK then you should take some action and maybe advice from experts to reduce any tax in excess of the pension lifetime allowance.

If you live outside the UK you should only discuss this complicated subject with an authorised and regulated expert from the UK, and ideally one with international experience as you still have to pay excess tax as the british lifetime allowance still applies.

UK pension transfers by overseas advisers

Beware recommendations of an investment made into an investment bond via a SIPP. This is often very costly bad advice dictated by the licences and limited knowledge of the advisers / advisors! In fact some of the better advice, following UK regulations, is only available through quality specialist pension advisers who understand regulations in the UK, and do not base their advice on who pays the highest commission.