answersLogoWhite

0


Best Answer

Self-Invested Personal Pension, or SIPP, is personal pension plan approved by the UK government. It allows people to control the money going into their pension fund and make their own investment decisions with that money, provided that they perform only the types of investments approved by HM Revenue and Customs (HMRC).

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How does SIPP scheme work in the UK?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Who was the CEO of Sipp Investments in 2012?

Quentin Willson was the CEO of Sipp Investments in 2012 that offers people in the UK flexible affordable storage solutions and financial institutions.


What is the cycle scheme all about?

The cycle to work scheme is a set of tax breaks and incentives in the UK to encourage more citizens to bike to work. Note that scheme has different connotations in the US where it suggest some sort of nefarious purpose.


How tall is Friederike Sipp?

Friederike Sipp is 159 cm.


What is the duration of That Crook'd 'Sipp?

The duration of That Crook'd 'Sipp is 900.0 seconds.


When was That Crook'd 'Sipp created?

That Crook'd 'Sipp was created on 2007-05-13.


When was Tony Sipp born?

Tony Sipp was born on 1983-07-12.


How tall is Tony Sipp?

MLB player Tony Sipp is 6'-01''.


How does the Deposit Protection Scheme for landlords in the UK work?

The Deposit Protection Scheme for landlords in the UK allows for protection for the tenant that at the end of an agreement they are entitled to potentially receive the deposit, or part of it, back. The scheme ensures that the money is safeguarded and protects both landlords and tenants in the event of a dispute.


What MLB team does Tony Sipp play for?

Tony Sipp plays for the Houston Atros.


What position does Tony Sipp play?

Tony Sipp is a relief pitcher for the Houston Atros.


Where was Tony Sipp born?

MLB player Tony Sipp was born in Pascagoula, MS.


Scheme of work?

Having a scheme to work is a very important thing. You can plan a scheme of work by making a schedule.