FAQs

Am I eligible for membership to a SIPP?
If you are a resident in the UK and are under the age of 75 then you are eligible. You are also eligible regardless of your employment status or whether you are a member of your employer’s pension arrangements.

How much can I contribute?
You can contribute 100% of your earnings, subject to the Annual Allowance of £50,000. Any contributions that exceed the Annual Allowance may be subject to a tax charge. If you are not employed you can contribute up to £3,600 gross (£2,880 net of basic rate tax) per annum into a SIPP.

What tax relief will I receive?
You will obtain tax relief on your contributions up to the maximum annual allowance. Any contribution, (including the tax relief received), which is over the annual allowance, will be subject to a tax charge. The annual allowance is £50,000 per annum and it will not change until 2016, when it will be reviewed.

What can I invest in?
The essential SIPP accepts all HMRC permissible investments. We will not advise you on the suitability of an investment for your personal circumstances and requirements, for advice on what to invest in you may like to speak to an Independent Financial Advisor.

Can I transfer my existing assets into my SIPP?
Your SIPP can accept transfer funds from other UK registered pension providers. A pension fund from which you are already receiving pension benefits e.g. by way of an unsecured pension or alternatively secured pension, can also be transferred into your SIPP. Any existing investments held by you can also be transferred into the SIPP plan. This is known as an ‘in-specie’ transfer; however the investment must be a permitted investment under the SIPP terms.

Do you support the FSA’s Treating Customers Fairly Initiative?
Stadia Trustees Ltd is committed to supporting the Financial Services Authority’s (FSA) Treating Customers Fairly initiative. Our philosophy is to put our customers first and improve our own processes wherever possible. We strive to act professionally and efficiently and put our clients at the heart of our business.