SIPP 1 is a retirement account available to all UK residents between the ages of 18 and 75, allowing the holder to manage their savings and investments. Working or self-employed clients can contribute up to 100% of their income (up to £ 235,000) during any tax year. SIPP accounts allow retirees and unemployed clients to invest up to £ 3,600 per year and trade financial instruments, property and more.
First, the SIPP manager opens a pension administrator account with JFSBrokers, which will become his master account. Once his company fills out the online application and sends us all the required documents, we will review and approve the opening of an account.
The SIPP Administrator then sends invitations to all eligible SIPP holders to open an IB account to use our brokerage services. After SIPP subaccounts are approved, the administrator will be able to configure their trading permissions, and trading will become available immediately after funds are credited.
For UK citizens only.
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