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Personal finance

SIPP

Self-invested personal pension: a pension you open and manage yourself, choosing your own investments. Useful for contractors and the self-employed.

A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.

You'll hear it as

As a contractor, I pay into a SIPP through my company.

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