Personal Pension or SIPP? - Contractor UK Bulletin Board

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wattaj replied

17 September 2019, 09:13
My earlier contribution to another thread: "Also, please do read/view the Lars Kroijer book/videos before you start to throw your money around."
HTH
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northernladuk replied

17 September 2019, 09:11
Why not speak to a professional then? Find yourself and IFA and speak to them.

I've a feeling you might want to speak to your accountant and find out how pensions and your tax works as well.

Don't forget your warchest though. No good having a tidy pension when you've nothing left to tide you over with the biggest upheaval contracting has ever seen on the horizon.

Last edited by northernladuk; 17 September 2019, 09:19.
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ApeShape started a topic Personal Pension or SIPP?

17 September 2019, 08:37
Personal Pension or SIPP?

Early 30's, got about £800 in a standard life pension that's practically doing nothing at all. Been looking at SIPP's, but I have absolutely no idea who and what to invest in. Wouldn't even know where to begin with anything like that if I'm honest. Not sure if I feel like taking a degree in investments and stock markets either. Seems like I might as well go and play Roulette as far as that's all concerned any how.

Either way I definately don't want to lose my corporation tax (5k or so) if I can instead put that straight into a pension instead.

Any advice / suggestions here please?
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