UK personal pension and SIPP
A UK personal pension is arranged by the saver; a SIPP gives them more control over the investments held in the pension fund.
Definition
A UK personal pension is arranged by the saver; a SIPP gives them more control over the investments held in the pension fund.
Why this concept matters
It supports retirement saving outside or alongside a UK workplace scheme.
What to watch
Tax treatment, limits, charges, permitted investments and access follow UK rules.
Simple example
A person may contribute £250 a month to a personal pension invested for the long term.
Example currency : United Kingdom (GBP). The product's country takes priority over the interface language.
Availability and country
- Country or system of origin
- United Kingdom
- Status
- Product specific to the UK system
- Access from France
- A SIPP is governed by UK rules; access and tax treatment from France depend in particular on residence status and the provider.
- French equivalent
- Individual PER: a partial comparison with different tax and withdrawal rules.
- Information checked on
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