self-invested

self-invested
self-invested UK US adjective UK (US self-directed) FINANCE
used to describe a type of pension for which a person makes their own investment decisions: »

A few years ago he moved all his various pension plans into a self-invested pension plan - known as a SIPP.


Financial and business terms. 2012.

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  • self-invested personal pension — (SIPP) A personal pension scheme where the member, and not the pension plan provider or trustees, determines the investment strategy. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • Self-invested Pension Plan — ( SIPP) A personal pension where the person saving for their retirement is given the flexibility to make their own investment decisions …   Financial and business terms

  • Self-invested personal pension — A Self Invested Personal Pension (SIPP) is the name given the type of UK government approved personal pension scheme, which allows individuals to make their own investment decisions from the full range of HM Revenue Customs (HMRC) approved… …   Wikipedia

  • self-directed — ˌself diˈrected adjective [only before a noun] 1. FINANCE a self directed pension is managed by the employee rather than his or her employer, and allows the employee to sell or move any investments they have in the company they work for: •… …   Financial and business terms

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  • SIPP — Self invested Pension Plan (SIPP) A personal pension where the person saving for their retirement is given the flexibility to make their own investment decisions * * * SIPP UK US noun [S] FINANCE ► ABBREVIATION for Self Invested Pension Plan: a… …   Financial and business terms

  • Pensions in the United Kingdom — fall into seven major divisions; Basic State Pension, State Second Pension (S2P), Occupational Pensions, Stakeholder Pensions, Group Personal Pensions and Personal or Individual Pensions. Personal accounts, automatic enrollment and the minimum… …   Wikipedia

  • Pension — This article is about the retirement income arrangement. For the type of lodging, see Pension (lodging). For the mortgage repayment scheme, see Mortgage loan. Financial market participants …   Wikipedia

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