Episode published: 10/10/08 | Listen To This Episode

In This Episode
Some 300,000 of us have already invested in one, but what exactly is a SIPP? How does it work, how risky is it - and given the current financial turmoil, is now really a good time to be investing in a pension?

And, if you are investing, what should you be investing in - managed funds, high yielding shares or trackers, bonds, gilts or cash?

David’s on the case and is joined in the studio this week by Tom McPhail and Richard Hunter – pension investment experts from Hargreaves Lansdown.



Richard Hunter (Left) with Tom McPhail (Centre) and David Kuo

We also take a look at the new rules that came into effect on 1st October which mean you can now finally transfer pension money with protected rights status into your SIPP. If you’ve contracted out of your pension in the past, and already have a SIPP – this is a worth a listen.

Plus, what level of protection does the FSCS provide for pension schemes? At what point should you get out of equities as you head towards retirement age, and why is buying an annuity something of a postcode lottery in the UK?

For more on starting a pension, check out this article: Pensions For Beginners:


Edited at 2008-10-10 14:30:18 Edited at 2008-10-10 14:30:36