Self-invested Personal Pensions (SIPPs) are a pension designed for people who want to manage their own fund by dealing with and switching their investments when they choose. SIPPs are tax-efficient wrappers which allow investment in a very wide range of funds and some unregulated investments. The permitted range of investments for SIPPs include stocks and shares on the world's major stock exchanges, investment trusts, unit trusts, OEICS, gilts and even commercial property.

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