SIPPS & QROPS
Alpha Global Wealth offers expert advice on SIPPS and QROPS tailored to your individual situation. Your dedicated Wealth Manager will take the time to understand your current situation and future ambitions for your retirement and your family’s future income. This insight enables us to create the perfect strategy for maximising your income.
What is a SIPP?
A Self Invested Personal Pension is a UK-based private pension with additional flexibility. Known as a pension ‘wrapper’, a SIPP allows you to invest in a range of opportunities. This enables you to design your retirement strategy to best suit your needs. As a UK based plan, it is fully regulated in the UK and subject to all the benefits and downsides of UK legislation. A SIPP can meet your needs whether you are a UK resident or living overseas.
What is a QROPS?
A Qualifying Recognised Overseas Pension is an international pension plan that is recognised by Her Majesty’s Revenue and Customs (HMRC). A QROPS is authorised to accept transfers of pension funds from UK plans but it only needs to report to the HMRC for its first 10 years and is not subject to continuing UK pensions legislation. A QROPS can adapt to your changing circumstances and can also benefit from local tax policies.
Setting up and managing your SIPP with Alpha Global Wealth
With Alpha Global Wealth, you can quickly and easily set up your SIPP free of charge. We offer a wide range of investment options including over 2,500 shares, investment trusts and funds. Whether you are an experienced investor or would prefer to leave the investment decisions to us, we can offer the right investments for you.
Take control of your SIPP with 24/7 access and expert support
We make it easy to take control of your SIPP 24/7 with online management options as well as the opportunity for phone/ Skype/ face-to-face conversations with your dedicated Wealth Manager. Our clients can invest where they want, whenever they want and they can even set up regular payments. Alpha Global Access, our investment service offers a range of free expert advice including research, articles, tools and expert insights.
Considering your best options
Your dedicated Alpha Global Wealth Manager will help you to consider the best SIPP options for your situation. These may include:
- Flexible access – taking money out of your pension from age 55 (57 from 2028) – options may include lump sums, drawdown and annuities
- Making new contributions to save for your retirement
- Transferring a pension you already hold – for example a deferred pension or a pension from previous employment (you can consolidate any number of pensions and we will work with you to ensure you do not incur excessive exit penalties)