Self-employed pension plan
Let us know your details and we'll call you back
Are you a business owner or sole trader looking for a private pension? A Self-Invested Personal Pension (SIPP) is a great choice for people who want to take ownership and control over their pension savings and investments. But it can help to talk things through before you open a SIPP, and compare it against other options.
What will be discussed on the call
During your telephone appointment you will get answers to your questions, but you won’t get personal advice on what’s right for your circumstances. We’ll talk through the risks and benefits of saving into a pension, and explain:
- How a SIPP works and who can open one
- Corporation tax relief and self-assessment tax return on pension contributions
- How to transfer old workplace pensions into the HL SIPP
- Why you might consider a Lifetime ISA (LISA) instead
The HL SIPP is extremely flexible which suits me perfectly as a self-employed individual. My income isn’t regular, so I needed a pension where I could make contributions whenever suited me. I’m not forced into setting up a direct debit, so I don’t have to worry that I’ll miss a payment or get charged if I don’t have the funds to cover it.Holli Bennet
Important information – A SIPP and LISA are designed for those happy to make their own investment decisions. The value of investments can rise and fall, so it’s possible to get back less than you put in. Product and tax rules can change, and benefits will depend on your circumstances. The minimum pension age is currently 55 (rising to 57 from 2028). Age restrictions also apply to LISA accounts and penalties exist for early withdrawals. Make sure you check exit fees with your current provider and that you won’t lose any valuable benefits before transferring any account. If you’re not sure what’s right for your needs, please seek advice.
Important information – A SIPP and LISA are designed for those happy to make their own investment decisions. The value of investments can rise and fall, so it’s possible to get back less than you put in. Product and tax rules can change, and benefits will depend on your circumstances. The minimum pension age is currently 55 (rising to 57 from 2028). Age restrictions also apply to LISA accounts and penalties exist for early withdrawals. Make sure you check exit fees with your current provider and that you won’t lose any valuable benefits before transferring any account. If you’re not sure what’s right for your needs, please seek advice.