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Using Your Pension Fund Leaflet (Part 2) HANDSCOMBE
FINANCIAL PLANNING LTD USING YOUR PENSION FUND Self Invested Personal Pension (SIPP) |
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Individuals operating within a partnership and sole traders are not eligible to own a SSAS. In these circumstances a SIPP may offer similar opportunities regarding commercial property purchase and the borrowing of money to stimulate business growth. Partners can combine their respective SIPPs so that a property with a higher value may be purchased. |
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Whether used for property purchase or not, the benefit of the SSAS or SIPP is that it allows control over investment policy and the ability to change assets without incurring substantial charges which can be levied when disinvesting from some investments. This is achieved by separating the legal structure of the arrangement from the investment responsibilities - a more flexible option for the individual wishing to divert substantial investments to a pension fund. At Handscombes we have developed our own SSAS and SIPP arrangements, co-ordinating the services of fellow professionals such as pensioneer trustees, actuaries and investment managers,The schemes are independent of any financial institution and are fee-based to ensure complete transparency. |
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cover Corporate Services (Leaflet 1) Home
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Handscombes is the trading name of Handscombe Financial Planning Limited, |
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