TD SIPP (Self Invested Personal Pension)

Making Pensions Accessible

Pensions are notoriously complex, which means that many people, even experienced investors, defer making decisions about their future retirement.

The TD SIPP offers a low cost, accessible alternative which puts the control of your retirement fund back into your hands. Using the same simple, fast and easy platform as the TD Direct Investing Trading Account, the TD SIPP allows you to manage your own pension, making the decisions as to when and where you will invest. It also means that you can see the value of your retirement fund at any moment.

And because it's a pension, you will have no tax to pay on any dividends or capital gains as well as receiving tax relief on your contributions.

Please note that tax is deducted at source from dividends and cannot be reclaimed. These tax benefits are subject to change in the future.

The TD SIPP:

• Is a Self Invested Personal Pension (SIPP) giving you greater choice, freedom and control to manage the investments that will fund your retirement
• Offers you tax relief on your contributions based on the rate of income tax you pay
• Lets you start from as little as £400 (net) and lets you pay single (one-off) or regular contributions into the TD SIPP to take advantage of the tax benefits available
• Lets you take a 25% tax free lump sum withdrawal once you reach retirement (please be aware that this will affect how much you can take out as an income during retirement)
• Lets you hold cash in nine major currencies and trade across a wide range of UK & international equities, bonds & gilts, investment trusts, unit trusts, OEICs, REITS and Exchange Traded Funds
• You can also transfer existing pension benefits into the TD SIPP including protected rights
• Gives 24/7 access to market information and research tools provided by Morningstar®, including Asset Allocator, Fund Screener, X-Ray and Quickrank.

Follow the tabs to find out more about specific aspects of a TD SIPP, what you can invest in and how you can take control of your investments.

In addition there are examples on each page of how a SIPP could benefit certain people at different stages of their careers and lives. If you'd like to read these now click below:

Adam - Single, professional, thirty-year old

Alison - Working mum, forty-something

Anil - Experienced fifty-one year old investor

John - Fifty-nine and nearing retirement

If you are sure a TD SIPP is right for you please click to open an account. You should be able to be online with your new account open within the same day.

If you have any doubts about the suitability of the TD SIPP you should contact a suitably qualified financial adviser. Please note the tax treatment of this product depends on your circumstances and may be subject to change in future. The value of your investments could go down as well as up. You may not get back all the funds you invest and the amount provided for your pension in retirement may be affected.