Gold SIPP Pension - Gold Pension | | | Add precious metals to your SIPP through our partner, Berkeley Burke |
A Self Invested Personal Pension (SIPP) is specialist style of personal pension available to UK residents which is designed to meet the needs of the individual rather than an insurance company. It gives access to a greater choice of investment options and retirement flexibility than is available from typical insurance company arrangements, or occupational schemes. SIPPs can be a tax efficient, cost effective and flexible savings vehicle in planning for your future. GoldMoney has worked with its UK partner, Berkeley Burke SIPP Administration Limited, to create a SIPP which is designed to work seamlessly with GoldMoney's facilities for dealing in and holding Gold. One of the key features is that customers can transfer existing holdings of Gold at GoldMoney into the SIPP by way of an in-specie transfer, subject to having sufficient UK taxable earnings. Customers can then buy more Gold with the tax that Berkeley Burke & Co. Ltd can reclaim on the value of the in-specie transfer at either 20% or 40%, depending on each customer's personal circumstances. This is an exclusive arrangement between GoldMoney and Berkeley Burke SIPP Administration Limited. What are the differences between the Gold SIPP and the Gold Pension? The Gold SIPP gives you access to a wide range of investment options including: Investment Funds, Shares traded on a Recognised Exchange, Commercial Property, Future & Options, and Commodities including Gold. You must contribute at least £50,000 into the Gold SIPP at commencement. The Gold Pension is a reduced version of the Gold SIPP and can invest in GBP cash and Gold only, but the Gold Pension has no minimum contribution requirement. In addition, different fees are charged on the Gold SIPP and Gold Pension, please click on the link below to download the Brochure which contains information about the respective fee arrangements. How do I apply for a SIPP? Please click on the links in the next column to download the Brochure and Key Features documents which provide important information about the Gold SIPP and Gold Pension, including fees and charges. When you are ready to apply, then please click the in the next column to download the Initial Application Form which you should print, complete and return to Berkeley Burke & Co. Ltd who will then contact you in order to complete the remaining documentation. How do I contribute money to my SIPP? There are three main ways of putting money into your new SIPP: - Making new contributions: You and /or your employer can contribute to your Gold SIPP or Gold Pension whether you are employed or self-employed, both or neither. You will be required to make an initial minimum contribution to the Gold SIPP of £600 or Gold Pension of £250 upon application.
- Transferring in other pension arrangements: During your working life you may have held benefits under a number of pension arrangements, which may have different rules. You may now wish to consolidate your arrangements under one scheme. However this is not a decision that should be taken without appropriate qualified advice. Please consult your own financial adviser or ask your Gold SIPP or Gold Pension contact to put you in contact with their pension advisers at Berkeley Burke SIPP Administration Limited.
- By making an in-specie contribution, by way of transferring Gold from your existing Gold holding with GoldMoney, to the Gold SIPP or Gold Pension.
How do I make an in-specie contribute? The Gold SIPP and Gold Pension are especially designed to receive an in-specie transfer of Gold from an existing Holding of Gold with GoldMoney. You can then buy more Gold with the tax that Berkeley Burke SIPP Administration Limited can reclaim on the value of the in-specie transfer at either 20% or 40% depending on your personal circumstances. You must ensure you have sufficient earnings for the tax year in which the-in specie contribution is made to justify the tax reclaim. In order to proceed with an in-specie transfer, please click on the link below to download the In-Specie Contribution Form, complete and return to Berkeley Burke. The information provided here is for general guidance and is not intended as individual advice and should not be taken as such. Individuals wishing for specific advice on these matters should contact an appropriately authorised adviser. | 
Buy