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Question on paying into a SIPP from a limited company

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Comments

  • ComicGeek
    ComicGeek Posts: 1,675 Forumite
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    Actually, II do provide this now https://www.ii.co.uk/help/investment-accounts/sipp/sipp-monthly-employer-contributions but didn't when I was looking last year. 
  • dunstonh
    dunstonh Posts: 120,300 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 14 August at 2:11PM
    Nurse2047 said:
    Sorry to jump on this post however do I have to set up a new sipp or can I use an existing sipp? 
    All SIPPs can accept employer contributions.    Its only on some personal pensions or ex workplace pensions that cannot.   
    (caveat: some providers may refer to their product as a SIPP when it isn't actually one and some consumers will refer to their pension product as a SIPP, when it isn't one)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Marcon
    Marcon Posts: 15,068 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    dunstonh said:
    Nurse2047 said:
    Sorry to jump on this post however do I have to set up a new sipp or can I use an existing sipp? 
    All SIPPs can accept employer contributions.    Its only on some personal pensions or ex workplace pensions that cannot.   
    (caveat: some providers may refer to their product as a SIPP when it isn't actually one and some consumers will refer to their pension product as a SIPP, when it isn't one)
    I don't think InvestEngine does: https://help.investengine.com/hc/en-gb/articles/13993665827229-How-can-my-employer-contribute-to-my-InvestEngine-SIPP
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • dunstonh
    dunstonh Posts: 120,300 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Marcon said:
    dunstonh said:
    Nurse2047 said:
    Sorry to jump on this post however do I have to set up a new sipp or can I use an existing sipp? 
    All SIPPs can accept employer contributions.    Its only on some personal pensions or ex workplace pensions that cannot.   
    (caveat: some providers may refer to their product as a SIPP when it isn't actually one and some consumers will refer to their pension product as a SIPP, when it isn't one)
    I don't think InvestEngine does: https://help.investengine.com/hc/en-gb/articles/13993665827229-How-can-my-employer-contribute-to-my-InvestEngine-SIPP
    When I wrote the post, I did think that someone would find an exception ;)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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