Cut out the pensions middleman with a Sipp

Too many people are overpaying for their retirement funds. So it's probably time to take control of yourself with a self-invested personal pension. Bengt Saelensminde explains how.

Our pensions industry has become a disaster zone. Some people are overpaying by up to 83% for their retirement funds. It's probably time to take control of your funds.

Many employers are moving the risk of retirement savings onto employees and it's costing employees a fortune in hidden fees and poor performance. It's time to hack back the fees that could slash your pension payments in half.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.