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Suffolk Life SIPP
The Suffolk Life SIPP was first established in 1995 under deed poll by Suffolk Life Annuities Limited. This scheme closed to new business at the end of November 2007, and was replaced by the Suffolk Life MasterSIPP, which is now available for all new recommendations. We will still accept contributions and transfers in for existing Suffolk Life SIPP plans.
The Suffolk Life SIPP allows investment in a wide range of assets, which can be transferred in specie where necessary. All administration fees for the Suffolk Life SIPP still benefit from being free of VAT.
The Suffolk Life SIPP remains a flexible and effective means to finance retirement for existing investors.
The value of pension funds may fall as well as rise. The investor's money is tied up until they take their benefits. Benefits can generally be taken any time after 55.