1. The benefit of self invested pensions through a specialist Provider [email_address] www.dentonspensions.co.uk 01483 521521

2. Why Dentons

Bespoke Provider of:

SIPP (Self Invested Personal Pensions) &

SSAS (Small Self Administered Schemes)

Established 1979 over 30 years pension experience

Independently owned

Over 2000 SIPP policies

Over 650 SSAS schemes

Flexible service

Experienced staff

3. What can a SIPP do for me?

A SIPP can provide:

Control of capital and investments

Control and transparency of costs

Flexibility of investments and benefits

Major tax advantages

• Contribution relief at the clients highest marginal rate up to 50% (subject to certain limits)

• No Capital Gains Tax

• No Income Tax (dividend yield excepted)

• Tax free Pension Commencement Lump Sum

• Outside of estate for IHT

No requirement to purchase an annuity ever!

4. What can a SIPP invest in?

Stocks and shares quoted on the UK Stock Exchange

Stocks and shares traded on a recognised overseas stock exchange

Shares in open ended investment companies (OEICs)

Futures and options traded through a recognised exchange

Unit trusts and investment trusts

Insurance company managed funds and unit linked funds

Deposit accounts with any authorised financial institution

Second hand endowment policies via a recognised dealer

FSA recognised offshore funds

Trustee borrowing from an authorised institution

Hedge funds

Unregulated Collective Investment Schemes

Unquoted equities (subject to individual consideration)

Commercial property or land

Intellectual Property

5. What isNOTpermitted?

Nothing . however, tax charges will apply to

certain investments such as

-Residential property

-Tangible Taxable Property

Examples:

• Yachts

• Cars

• Wine

• Art

6. SIPPvSSAS SSAS SIPP

Yes: as for SIPP

Plusto sponsoring employer -

security required

max term of 5 years

max loan 50% of scheme assets

Capital & Interest Repayments

minimum rate is 1% above

base: currently commercial

basis is 2.5% + base rate

Yes:must be unconnected and on commercial terms Loans One trust for each scheme Master Trust with individualsub-trust for each member Trust Same as SIPP >3,600 or 100% UK earned income Maximum 50K pa plus unused allowance (3 year carry forward) Contributions Sponsoring Employer required AnyoneEligibility SSAS is not regulated by FSA Provider is FSA regulated Regulation 7. SIPPvSSAS SSAS SIPP No Yes held separately but within the same SIPP as for non-Protected Rights funds but can be invested in the same way Protected Rights One trust and all investments are jointly owned Impact on fees must be considered Yes, assets held separately can include a share in a group investment Joint Purchase/ Syndicated Investment Yes, same as SIPP but only up to 5% in sponsoring employer Yes, subject to individual considerationUp to 20% of company maximum Unquoted Shares 8. SIPP retirement options

Earliest age 55 irrespective of employment

No limit on latest agebutpossible charges on death if

beyond age 75

Pension Commencement Lump Sum 25% of fund

Income taxed at marginal rate

Retirement options

• Annuities

• Phased Retirement

• Capped and Flexible Drawdown

• Scheme Pension

9. Benefits on death

Death before age 75 and no benefits drawn

Whole of plan can be paid, outside of estate (subject to limits)

Death after vesting benefits

3 options:

• Pension paid to spouse/ dependants; tax at marginal rate

• Purchase an annuity for spouse/dependants; tax paid at marginal rate

• Proceeds distributed less tax at 55%

Death after vesting tax free cash no income taken

Pension fund subject to a 55% tax charge

10. Dentons service

Each introducer/client is allocated to one of six

administration teams for continuity of service

Each team is headed by a highly qualified and

technical pension consultant

Average service of consultants is 19 years

Pension consultants are available for meetings with introducers and clients

Administration staff are multi skilled we do not operate on a departmental basis

11.

We have assessed a number of companies

where the customer base includes IFAs and

Dentons score of 7.79 from IFAs is the highest on

record. We consider this to be significant as the

IFA community deals with a range of product

providers and IFAs are therefore uniquely placed

to judge what good looks like. Theyve

given Dentons a big thumbs up.

Quote by Neil Craig, Managing Director of IIC

Dentons service outstanding 12. Please Contact us

Self Invested Pension Specialists

Dentons Pension Management Limited

Sutton House, Weyside Park, Catteshall Lane, Godalming, Surrey GU7 1XE

Dentons Pensions Management Ltd ( Reg No 2352951), Denton & Co Trustees Ltd

(Reg No 1939029) and NTS Trustees Ltd (Reg No 1407848) are

registered in England with their registered offices being as above.

Dentons Pension Management Ltd is Authorised and Regulated by the

Financial Services Authority

Tel:01483 521521 Fax: 01483 521515 www.dentonspensions.co.uk [email_address] Please note that Dentons is unable to provide advice and we therefore recommend that you take advice from a Financial Adviser