Liberty SIPP

Liberty cut their full SIPP initial fee | 08 Sep 2011

In our continued efforts to drive down SIPP fees, we have dropped our initial fee from £425 to £350. At Liberty our ethos has always been to charge only for work we actually have to do and this is another example. We are continually improving our administration methods and systems which results…

Young people, old habits | 12 Aug 2011

If I approached a young person who has just received their first real pay packet and asked them to contribute £250 into a pension, what do you think their response might be? As a young person myself, who has only been in full time employment for a few years, I can safely say the response…

Flexible Income in drawdown | 19 Jul 2011

We all know that the Government can’t stop interfering with pension legislation, they just can’t help it, but the recent introduction of Flexible Drawdown has created a lot of excitement – even for pensions!

Flexible Retirement Options | 13 May 2011

Liberty SIPP offers the most comprehensive retirement options available by pension administrators in the UK.

Free Flexible Drawdown | 05 May 2011

At Liberty our ethos has always been that SIPPs are set up with the expectation that one day they will be used to draw a pension. We’ve never understood why, when this option is chosen, that clients should have to pay additional fees for the privilege.

Contributions | 30 Mar 2011

In October the Treasury confirmed that they will be dramatically reducing the annual allowance for pension contributions from £255,000 to £50,000. They also confirmed that the lifetime allowance will be cut from £1.8m to £1.5m; however this change will not be coming into effect until 2012.

Drawdown | 30 Mar 2011

In the Governments most recent ploy to make pensions more appealing, accessible and easy to understand they have removed the ‘age 75 rule’ where clients must take out an annuity or ASP when they reached age 75. They have also given clients the option of a new type of drawdown known as flexible…

Liberty Begins UK Pensions Clinic Tour | 24 Mar 2011

Confused about your pension?  Fear not, Liberty SIPP is here to help.

As people continue to receive pension statements they continue to be confused about what they actually mean?  How much will I receive when I retire? What is my money invested in?  What fees am I currently paying and what am I…

It’s only taken 25 years for personal pensions to become personal | 21 Mar 2011

Back in the 1980’s Personal Pensions was the brand new buzzword. Some even called them Portable Personal Pension Plans which was perhaps a ‘P’ too far, and we were told they were revolutionary and the best thing since sliced bread.

In reality they were dull old things. It was just a…

Liberty will be ready for Flexible Drawdown | 17 Mar 2011

Liberty, unlike some SIPP providers, will be ready from the 6th April 2011 to start assessing your income to determine whether you meet the minimum income requirement (MIR) to retrieve the benefits of Flexible Drawdown.

Key Drawdown Opportunities | 17 Mar 2011

If your pension review date lies before the 6th April 2011 or you are over 55 and yet to take a pension then you have the opportunity to lock in 20% more pension income, every year for five years, than you will be able to after the 6th of April.

Welcome to Liberty One, Liberty Drawdown and Liberty Wrap | 17 Mar 2011

Here at Liberty SIPP we are proud to announce the arrival of what we think are 3 fantastic new offerings in the SIPP market.

The removal of the age 75 rule | 21 Dec 2010

In the Governments most recent ploy to make pensions more appealing, accessible and easy to understand they have removed the ‘age 75 rule’ where clients must take out a annuity or an ASP when they reach age 75. They have also given clients the option of a new type of drawdown known as flexible…

The three year carry forward rule | 16 Nov 2010

On the 14th October the Government announced plans to change the annual allowance for tax relief on pension savings to £50,000. With this change came a three year carry forward rule which lets the individuals roll over their annual allowance over a period of 3 years. It is a simple rule which came…

Liberty launch new Application forms after listening to clients | 03 Nov 2010

Liberty SIPP are please to announce the launch of their brand new set of application forms.

Commenting on the rationale behind the new forms Director, John Fox, said “we did a pretty comprehensive TCF exercise with our current clients and asked them to give us details on what they liked and what…

Annual allowance slashed, Lifetime allowance reduced | 18 Oct 2010

The treasury has confirmed that the annual allowance for tax free pension contributions will take a massive cut, going from the existing £255,000 allowance to a mere £50,000. They have also confirmed that the lifetime allowance will be reduced from £1.8m to £1.5m.

These changes have been made…

Pension Consultation decision delayed | 01 Oct 2010

It has just been announced that the Government has delayed their announcement on the pension tax relief consultation that the industry were expecting by the end of September. Our trade body, AMPS, have informed us that they now believe that there will be a statement made in the week commencing 11th…

Best SIPP interest rates? | 21 Sep 2010

One issue that continues to raise its ugly head with regard to SIPPs is interest rates paid on money held in default SIPP bank accounts.

This was brought home as this year’s Pension Management SIPP survey once again highlighted the disparity of interest rates that SIPP clients receive from their…

Liberty SIPP publishes new Service Charter | 16 Sep 2010

Liberty SIPP, as part of their commitment to Treating Customers Fairly, today publish their service charter to make clients and their IFAs know about the service levels they can expect from the company.

Liberty’s John Fox says:

“We conducted a pretty thorough review, with the help of our…

Residential Property and SIPPs: Waiting for Gordo? | 30 Apr 2009

An open letter to Mr. Gordon Brown - First Lord of the Treasury

Dear Gordo,

Please excuse the familiarity but I feel that I know you quite well and as a fellow jock there is a natural menschkeit between us.

I am writing to make a suggestion which I feel could release a bit of cash into the…