Barclays SIPP Account

The Barclays Stockbrokers SIPP Account. A Self Invested Personal Pension presented as an online trading platform which forms a suite of facilities within Barclays Stockbrokers MarketMaster platform, with all the support you need to manage investments the way you want.

The Barclays SIPP Account allows you to make your own pension decisions with access to a wide range of pension qualifying investment products including shares, gilts, bonds, ETF iShares, exchange traded commodities ETCs, funds, covered warrants as well as investing in professionally managed funds.

The Barclays SIPP is suitable for those comfortable making own investment choices to get the best out of personal retirement investment planning whilst maximising your tax benefits. A Barclays SIPP can also either be a main vehicle for retirement planning or it may supplement other pension arrangements, such as a company pension scheme.

You may also use Barclays SIPP Account to consolidate all of your different pension schemes to make them easier to manage.

Barclays SIPP Rates and charges

Online dealing from between £6.95 to £12.95, depending how often you trade, or deal on the phone with Barclays agents are on hand to assist.

Standard dealing rate within the Barclays SIPP is £12.95 per online deal, however, if you trade 25 times or more per calender month the rate drops to a very low £6.95. Barclays SIPP also carries an annual administration fee. Check deatils at site with links to Barclays SIPP below.

The value of tax benefits offered by a SIPP depends on individual circumstances and may be subject to change in the future however, for the 2009/10 tax year the annual contribution allowance is £245,000 or 100% of income, whichever is the lower amount.

Barclays SIPP is offered on execution-only basis without pension and investment advice. If you have any doubts about the suitability of SIPP or need advice, including tax advice, consult a financial adviser. Remember, value of investments may fall.

For worked examples of tax benefits, see visit Barclays site at Barclays Stockbrokers SIPP Account