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IFA-Bulletin - IFA-Bulletin Monthly Newsletter
 
Issue 6 - 12th March 2008
 
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Dear ##title## ##name##

Tax Efficient Pension Strategy - The SBQ Property and Land SIPP

The SBQ Property & Land SIPP (Self Invested Pension Plan) is flexible and all about taking control of a pension savings plan that will generate an income for you any time after the age of 55 (50 before 2010) You can also have a SIPP as well as contribute to your Company pension fund.

  • You can transfer any of your current or paid up private pension funds, including Small Self Administered Schemes (SASS) into the SIPP

  • If you are employed you can invest up to 100% of your earnings (up to £225,000) into the SIPP

  • On every contribution you make to your SIPP we will reclaim 20% from the Inland Revenue on your behalf. Higher rate tax payers will be able to reclaim the balance through your tax return

  • With a SIPP you can draw an income from your personal pension fund and continue working

  • You can also draw up to at least 25% of your fund as a tax free cash lump sum and leave the remainder invested until you need an income

  • If you die before using your SIPP funds the balance can be passed to your relatives or other selected beneficiaries

  • If you use your SIPP to purchase the property or land assets available then any remaining cash surplus (or incoming rental income) stays on deposit in an interest bearing account.

THE LIMITS OF A CONVENTIONAL SIPP

Normally a SIPP provider will only allow a limited range of assets to be held within the SIPP, such as Cash, Stock and Shares (with one investment manager), Insured arrangements (e.g. Trustee Investment Plans and Bonds, Units in an Authorized Trust Scheme, Shares in an Open Ended Investment Company or a freehold or leasehold interest in "commercial" property.

ADVANTAGES OF THE SBQ PROPERTY & LAND SIPP

The SBQ Property & Land SIPP is a tax efficient structure for individuals and owner-managed private businesses who are looking for more flexible options and who want to take control of their own financial future. It is managed by the leading lights in UK Pension Law and has been skillfully structured to allow a wider range of assets to be included (see below) within the allowable framework of the SIPP. It is also possible to transfer other pension funds (including paid and protected rights money) into the SIPP.

What makes the SBQ Property & Land SIPP different is that it contains a unique range of property and land investments that have the ability to "gear up" your pension fund. For example; properties with guaranteed rental income or land contracts with return on investment (up to 50%) within 1--3 years.

  • Land Sale and Repurchase Contracts (SARP)

  • Closed Ended Property Portfolio (CEPP)

  • Selected Overseas Property Developments with Leaseback & Guaranteed Rental Income

The SBQ Property & Land SIPP is administered by an independent Pension/SIPP company and Trustees who are authorized by the FSA. It has been designed as a simple wrapper for those people who want to maximize the potential opportunity for "gearing up" their pension planning strategy.

For further details and to discuss this opportunity in more detail please contact us today without obligation on 0870 42802479

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IFA-Bulletin
The iD Centre
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rtc Business Park
London Road
Derby
DE24 8UP
+44 (0) 870 428 2479

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