How to convert your existing pension to a SIPP

All personal pension plans may be converted to a SIPP/SSAS to allow you take advantage of direct investment in commercial property. Occupational pensions including defined benefit/final salary schemes are generally not transferable but individuals may still open a SIPP to enhance their final retirement benefits.

If you are a director of a company with an Executive Pension Plan then you can convert this to either a SIPP or a SSAS. Employees or the self employed can either convert existing pension entitlements or take out a new SIPP pension plan.

FAREPS will be happy to introduce you to a suitably qualified advisor.

Investors are recommended to seek the advice of an FSA regulated pensions advisor at all times.