Self-invested pension options: A dig beneath the headlines

'Freedom of self-investment means very different things in practice'

clock • 4 min read

Self-investment opportunities are the gems of the pension world but the type of pension scheme used can really matter, writes Alan Godbeer

The concept of self-investment within a pension scheme is something we as an industry can sometimes take for granted nowadays, but it is useful to remind ourselves that there was a time when committing contributions to pensions meant tying them up for years and years, only then for them to form part of a lump sum that would be touted around the market to find the best annuity rate available, one which hopefully didn't just disappear in a puff of smoke should you be unfortunate to die soon after retirement. Thankfully we have come a long way since then. Generous tax breaks on the way in a...

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