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To start up a SIPP pensions scheme, you will need to approach an HM Revenue-approved provider such as SIPPs pensions specialists Harsant Pensions in order to qualify for the tax relief from the Inland Revenue.
A SIPPA SIPP pension can be started with a small initial fund or by transferring funds from another pension plan but
generally the larger the fund, the greater the investment opportunities. Also charges levied by
pension providers are often subject to a minimum flat rate amount, which can mean that very small contributions are not viable.
If you want to use your SIPP penion to invest in commercial or residential property, the SIPP must have sufficient funds to buy the property (either outright or with a mortgage)as a SIPP pension is restricted in the amount that can be borrowed for funds.
For more information please call us today on 0151 648 7615 or contact us by
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