Establishing an IPS SIPP
The IPS Partnership does not give financial advice. We can only accept applications direct from the general public in limited circumstances. Please refer to our application guidance for further details.
To establish an IPS SIPP, please print, complete and return the following paperwork to IPS: SIPP Application
You should also print, read and keep our booklet, The IPS SIPP, our Key Features Document and our Fee Schedule. These contain important information for your reference.
Please ensure that the application form has been signed and the Deed section signed and witnessed.
Contributions
Contributions can be made by cheque, BACS, CHAPS or standing order.
- Cheques should be made payable to "The IPS Partnership Plc - Designated Client Account".
- For BACS and CHAPS payments please contact us for account details.
- A standing order instruction is included within our application form.
Transfers
Where the SIPP is to receive a transfer from an existing pension arrangement, you will need to contact the existing provider to obtain the transfer. The transfer instruction within our application form is usually sufficient for this purpose.
It is also possible that we will need to complete a document as the Trustee of the receiving scheme, which is provided by the transferring scheme's administrator.
Immediate Retirement Benefits
Where immediate retirement benefits are to be drawn we will require completion of our Benefit Request Form.
Investment Strategy
Depending on your chosen investment strategy you may need to provide us with additional documentation. Please refer to our technical section for further details.
The operation of The IPS SIPP is Authorised and Regulated by the Financial Services Authority (FSA), there is a statutory 30 day cancellation period. This can be waived by ticking the relevant section in the application form, so that the SIPP can proceed immediately.
