NEW Feature: SIPP

Hey everyone :wave:

The wait is over. Introducing Plum’s brand new, easy-to-use Self Invested Personal Pension :tada:

Set up an account in minutes, choose your investments and consolidate all your pensions in one place. Plum’s got your back.

Bear in mind, as with all investing, your capital is at risk.

Click the link below to find out how to open a SIPP with Plum! :partying_face:

SIPP Instagram Post

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When will I see the tax contrib appear on my SIPP ?

Hello @Zarniwoop

Georgios here :wave:

It takes approximately 2-3 months for the tax relief to be added to your Plum SIPP account. A claiming month is between 6th and 5th.

The timings for the claim of the PTRAS on the SIPP product go as follows:

  1. After 5th of each month, the claim is made at the end of that month to HMRC.

  2. The funds are then received around the 3rd or 4th week of the following month.

Example:

Claim month - 6th April to 5th May.

Claim made at the end of May.

Funds paid into your SIPP by the 3rd/4th week of June.

Thank you!