Over-65s self employment is rising as retirement g …
Our latest analysis suggests that over-65s are increasingly turning to self-employment to help boost retirement saving. The analysis of the most recent Government data shows a 20% increase in the number of full-time and part-time self-employed workers aged 65-plus in just three months from nearly 435,000 to more than 523,000. The data shows the number...
Self-employed pension saving is rising – but …
Our latest analysis* shows that Self-employed workers have increased pension contributions by around £300 million with more self-employed people saving for retirement – but they still lag massively behind employees. Government data shows total annual individual contributions by self-employed workers into personal pension schemes including workplace schemes are around £2.3 billion compared with £2 billion...
What is a Salary Sacrifice pension?
Have you heard about salary sacrifice pensions but aren't quite sure how they work? This straightforward guide will explain what a salary sacrifice pension is, the benefits it offers, and whether it could be a good option for you. How Salary Sacrifice Pensions Work A salary sacrifice pension is an arrangement between an employer and...
Is a Salary Sacrifice pension better?
Salary sacrifice pensions allow you to contribute more to your retirement savings in a tax-efficient way. But are they right for you? This guide will walk through how these schemes work and the key factors to consider. How Salary Sacrifice Pensions Work With a salary sacrifice pension, you agree with your employer to reduce your...
How to set up a SIPP – a simple guide
So you're thinking about setting up a Self Invested Personal Pension (SIPP)? Well you've come to the right place! Here at iSIPP, we're passionate about keeping pensions simple. We'll guide you through the easy process step-by-step so you can take control of your retirement savings and learn how to set up a SIPP. What is...
Do you pay tax on SIPP withdrawals?
So you've been saving for retirement in a Self Invested Personal Pension (SIPP). Now you're ready to start accessing your hard-earned pension pot. But how much tax will you pay on withdrawals? Here at iSIPP, we want to keep pensions simple. So in this guide, we'll clearly explain the SIPP withdrawal tax rules so you...
Can I backdate SIPP contributions
When it comes to planning for your financial future, making the most of tax-efficient savings options is crucial. One such option that often piques the interest of those looking to maximise their pension savings is the Self-Invested Personal Pension (SIPP). In this article, we'll explore a common query – "Can I backdate SIPP contributions?" –...
Are pension contributions taxable?
Pension planning is a vital part of securing your financial future. One question that often arises is, "Are pension contributions taxable?" This article aims to demystify this aspect of pension savings and provide you with a clear understanding of how taxes relate to your contributions. Are pension contributions taxable? Let's dive right into the heart...
We’re expanding our freelance pension offeri …
We're pleased to announce that we're partnering with Europe’s largest freelance community Malt to offer our market-leading pension consolidation services to the UK in a major expansion. Malt, which works with more than 550,000 freelancers and 70,000 companies worldwide, has selected iSIPP to provide the self-invested personal pension to its fast-growing community. The company, which...
