Setting up a SIPP account
You can either set up a completely new SIPP with SCM Direct or cash in an exisitng SIPP and transfers the money into our SCM SIPP tax wrapper.
There is an online application process to create the SCM SIPP wrapper.
Transferring your existing SIPP: Once you have successfully opened an SCM Direct account, the account information will automatically be sent to your current SIPP provider for transfer into your new SCM SIPP account.
Once funds have been transferred, they will be invested, normally on the first business day of the following week.