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Self-administered pensions (Saps) have become the natural choice in pension provision for the wealth...

Self-administered pensions (Saps) have become the natural choice in pension provision for the wealthier client. They provide clients with maximum flexibility, control over investments and sophisticated pension planning. At the same time, they allow the adviser to give their client the best advice and service. The family of Saps is now complete, having started in the early 70s with Small Self Administered Schemes (SSASs) and been followed in the late 80s by funded unapproved retirement benefits schemes (Furbs) and self invested personal pensions (Sipps). There is a type of Sap available fo...

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