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TSCTRADE's offices in Throgmorton Street, opposite the old London Stock Exchange building in the heart of London's financial district
SIPP Accounts
SIPP (Self Invested Personal Pension) can be held and contributed to by every UK resident between the ages of 18 to 75 years.
This is a tax-efficient way of saving for retirement. You can make your own investment decisions with or without the assistance of a Financial Advisor, within the range of investments permitted by the SIPP administrator.
TSCTRADE offers a low cost SIPP share dealing service with an annual administration charge of just £50 + VAT (please note that this does not include any fees charged separately by your chosen SIPP Trustee/Administrator) There is no extra charge for transferring-in existing SIPP accounts
Our SIPP Share Dealing account, in conjunction with your chosen SIPP Trustee/Administrator, gives you the flexibility to decide what to invest in and when, switching your investments to react to changing markets and your individual needs.
In conjunction with your pension trustee/administrator a nominee account structure will be set up to enable TSCTRADE to carry out your instructions with maximum efficiency whilst you remain the beneficial owner.
You can manage you own SIPP investments using our direct telephone Execution Only Service. We can work with you or directly with your pensions Adviser.
The Annual Allowance is a limit set by HMRC each year.
The maximum amount you can contribute to your registered pension arrangements and on which you can receive income tax relief is equal to 100% of your earnings, subject to not being more than the Annual Allowance. The Annual Allowance will include all contributions to registered pension schemes and include your own contributions, employer contributions and any contributions paid to other registered pension schemes. The Annual Allowance increases each year. The rates until the tax year 2010 have already been set and announced as follows:
The Annual Allowance: 2007/08 to 2010/11
Tax YearAnnual Allowance
2007/08£225,000
2008/09£235,000
2009/10£245,000
2010/11£255,000
Pension transfers can be complex. A SIPP will not be appropriate for everyone and you should seek advice from a qualified pensions adviser. TSCTRADE is unable to provide Pensions advice.
TSCTRADE is a trading name of All IPO Plc, which is authorised and regulated by the Financial Services Authority (FSA Register number 428754) and is a member of the London Stock Exchange. The value of investments can go down as well as up. If you are in any doubt as to these risks or suitability of an investment you should contact us or seek advice from an independent advisor authorised under the Financial Services Authority (FSA) and Markets Act 2000. Telephone calls may be recorded and monitored for regulatory and training purposes. Copyright 2008 - 2012 TSCTRADE. Privacy Policy  Contact Information