With life expectancy continually increasing and the poor performance of some pension funds, more and more people and taking matters into their own hands by setting up a Self Invested Personal Pension Scheme (SIPPS).
Rather than being part of a large fund, an SIPPS gives you individual control over your pension investments and much greater investment options.
Setting it up
You can arrange an SIPPS directly with a provider, and can opt for as much or as little assistance with the management of the fund as you wish. Not all SIPPSs are the same and some will allow you to invest...