SIPPs Frequently Asked Questions

What is the effect of A Day on existing pensions?

Will the A Day changes in the tax-free lump sum affect my existing pensions provision?

Are there changes to my annuity after A Day?

Can I protect my existing benefits before and after A Day?

Will the pensions gap affect me?

After A Day, how much will I be able to put into my pension each year?

After A Day, do I get tax relief on the whole contribution?

What is the Lifetime Allowance?

Will the Lifetime Allowance increase?

What are the limits of my tax ceiling after A Day?

What happens if you go over the Lifetime Allowance?

What if I go over my Lifetime Allowance because my funds perform well?

If the limits have been reached after A Day, what effect will this have on my tax position?

What is meant by 'Alternative Assets'?

How are the rules on using assets in a pension fund different after A Day?

Is it true that after A Day, I'll be able to buy a second home and put it in my pension?

Can I put my first home into a pension after A Day?