International SIPPs
#1
Just Joined
Thread Starter
Joined: Jul 2020
Posts: 8


Hi
Does anyone have any recommendations on International SIPP providers? (Or ones to avoid!). I am planning setup one up from Canada and transfer my UK based Standard Life pension to it. I need one who'll allow me to manage my investments (in OEICs and ETFs) and setup payments to UK or Canadian banks. (Standard Life will only allow me to take it as an annuity or as a lump sum given the plan I'm on - UGH). All info great fully received! Thanks in advance.
Cheers
Andrew
Does anyone have any recommendations on International SIPP providers? (Or ones to avoid!). I am planning setup one up from Canada and transfer my UK based Standard Life pension to it. I need one who'll allow me to manage my investments (in OEICs and ETFs) and setup payments to UK or Canadian banks. (Standard Life will only allow me to take it as an annuity or as a lump sum given the plan I'm on - UGH). All info great fully received! Thanks in advance.
Cheers
Andrew
#4
#5
Just Joined
Joined: Dec 2020
Posts: 10


Sound like you know what you are doing but if you take a lump sum you will end up paying 40% in tax.
Not sure if you can transfer a SIPP so probably be worth contacting an IFA. May also be worth checking out this site https://www.pensionsadvisoryservice.org.uk/
Not sure if you can transfer a SIPP so probably be worth contacting an IFA. May also be worth checking out this site https://www.pensionsadvisoryservice.org.uk/