Contracts for difference are permitted in a Sipp and have been growing in popularity because of their exemption from stamp duty, availability of leverage, ease of short selling and efficiency
The government has made no secret of its inability and unwillingness to continue providing financial support from the cradle to the grave. The UK population is living longer and this is placing a growing strain on those of us who are still contributing to the treasury's coffers through income tax, national insurance and other indirect taxes. So for the past several years there has been a concerted drive to encourage the British taxpayer to make his or her own arrangements for those autumn years. This has partly been approached by playing on concerns for our financial security into old age ...
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