A self-invested personal pension (SIPP) is a pension ‘wrapper’ that holds investments until you retire and start to draw a retirement income. It is a type of personal pension and works in a similar way to a standard personal pension.
Our SCM Direct minimum investment into our SIPP is £10,000 with a minimum monthly contribution of £50 available.Invest now
The application should take around 10 minutes to complete and if you get interrupted you can return later and pick up where you left off.
You can transfer your current SIPP to SCM Direct here. Simply follow the steps and include the details of your current SIPP manager
If you are a family office, charity or institutional investor,
please contact us directly
Yes. Using your existing log in your holdings are displayed under the ‘Portfolio Valuation’ heading.
This will vary from person to person. If you are resident and bank in the UK it may not be necessary to send any further documentation. However you may be asked to provide further evidence of your identity or bank details.
Any investors choosing a USD$ Portfolio will be required to complete a W8 – the W8 form is provided by the Internal Revenue Service (IRS) to allow non-US persons to receive a reduced rate of taxation on any US-sourced income (including dividends, interest etc.) received from businesses registered or incorporated within the US.
There may also be other paperwork as a result of the FATCA requirements (Foreign Account Tax Compliance ACT).
No. If you need any advice regarding the suitability of the various portfolios or any other advice specific to yourself and your personal financial needs, you need to seek advice from an Independent Financial Adviser.
We can answer general questions regarding the various investments within the portfolios but we cannot under any circumstances recommend the suitability of our portfolios.
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