Self Invested Personal Pension (SIPP)

Self invested personal pensions offer a wide range of investment options including conventional insured pension funds, individual commercial property transactions and discretionary and non-discretionary fund management. Caledonia Asset Management Ltd has been an exponent of this 'tailored' as opposed to 'off the peg' pension option for a number of years and we currently advise on, administer and run investment portfolio's for a large number of SIPPs. We also act for a number of Company Directors in respect of their Small Self Administered Schemes (SSAS's).

Over the Last 12 months, we have seen considerable demand for more bespoke pension propositions and in our opinion the introduction of the new pension legislation on 6 April 2006 has greatly assisted this development. In recognition of this and in response to client demand, we recently introduced the Caledonia Asset Managment Ltd sponsored SIPP in association with @sipp plc.

We believe that caution is required when establishing a SIPP and that care must be taken to create a suitable investment strategy as the potential member is contracting to a pension scheme that caters for a much wider technical and investment landscape where there is a growing demand to consolidate a basket of pension funds together into a SIPP. From our research we believe many SIPPs on the market are very constrained by individual provider requirements, which ultimately restrict the full administrative potential of the product. To take one example, many SIPPs do not allow transfers in from other pension arrangements unless they are cashed in and bought back, whereas the Caledonia Asset Management sponsored SIPP allows this.

Another example of how a SIPP can include wider investment choice is the ability to include individual commercial property units. Caledonia Asset Management Ltd has considerable experience in project managing such SIPP purchases, both on an individual and group basis, and consequently our sponsored SIPP is specifically designed to offer one of the most flexible and cost effective SIPP property purchase propositions on the market.

These are just two reasons why we believe that our SIPP proposition is a truly bespoke product, allowing it to meet the specific requirements of each individual client, whilst at the same time incorporating a full advisory and compliant service.