Self invested personal pension (SIPP)

More suited to experienced investors and higher earners, SIPPs are a kind of pension not necessarily linked to your company. They allow you to invest in a wider range of funds such as commercial property and direct shares, but have higher charges than stakeholder and personal pensions.

See also: Annual Management Charge (AMC), Total Expense Ratio (TER), Automatic enrolment, Pension Tracing Service, Stakeholder pension, Personal pension

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