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Ten tips to make the most of a Self-Invested Personal Pension (SIPP) and other personal pensions. Why not do-it-yourself? A SIPP can be used to gain tax relief on a wide range of assets – including bank deposits, bonds, shares, pooled funds such as unit and investment trusts, Open-Ended Investment Companies (Oeics), Exchange Traded Funds (ETFs), commercial property, hedge funds, foreign currency and warrants. SIPPs have to be administered by an authorised provider to gain tax relief from HM Revenue & Customs but you decide what it buys and sells and when. How does a SIPP gain tax relief? Exactly like any other… continue reading