Retirement saving can be viewed as a high priority financial responsibility, and some are choosing to take more control over their pension pot with a Self-Invested Personal Pension (SIPP). This type of pension is under the same rules as a Personal Pension and is similarly a tax-efficient wrapper for your investments. Many UK companies are closing their final salary schemes to all members. This means that more and more people are looking at taking their pensions into their own hands. Seeking professional financial advice could help you to decide if a SIPP is right for you.
