… services offered by odyssey are not confined to its wide range of pension solutions...as well as SIPP and SSAS products we offer consultancy and training services
The Odyssey SIPP offers a wide range of investment flexibility and is a full SIPP offering. As well as allowing access to fund platforms, discretionary fund managers, collective investment schemes and other regulated investments, it allows direct investment into commercial property in a variety of forms.
Individuals can own property wholly, or in part, with other pension schemes and non-pension entities, as well as taking advantage of borrowing rules that allow finance to be obtained via banks, building societies and, subject to agreement, other parties, such as an employer.
The SIPP also allows the fullest retirement flexibility, facilitating flexi-access drawdown, capped drawdown, UFPLS and annuity purchase.
The Odyssey Light has been designed to offer a low-cost SIPP to individuals who either do not require the investment complexity of a full SIPP, or who wish to accumulate sufficient monies in a pension scheme before considering a wider range of investments, such as commercial property.
Our Light product allows for a single regulated investment to be held, in addition to the SIPP Bank Account. The single investment could be a Discretionary Fund Manager Account, a platform, or some other FCA regulated investment account. Switching to the Odyssey SIPP does not involve a pension transfer.
The Odyssey SSAS is a full SSAS offering, allowing access to a considerable variety of investment options. As well as the typical range of FCA regulated investments, it allows individuals access to invest in commercial property, arrange for a loan to a Sponsoring Employer, and, in certain circumstances, investments into unlisted shares.
The Odyssey SSAS, like the Odyssey SIPP, again offers the fullest flexibility as regards retirement options for Scheme Members.
odyssey ssas light
Our Light SSAS product is designed for situations where, longer term, a SSAS is likely to be a pension vehicle of choice for an employer. In a similar fashion to the Odyssey Light, the Light SSAS caters for a simple proposition, based around single membership and a single investment option.
Where the SSAS needs to extend membership to additional members in the future, or vary its investment structure, this is possible without needing to adopt new rules, or to consider a pension transfer.
odyssey group sipp
Our Group SIPP option is a standalone SIPP designed for small groups of individuals, such as Company Directors or family members. It offers the same range of investment flexibility as the Odyssey SIPP but also provides some of the ‘fluidity’ associated with small group schemes such as SSAS. Where members share in the overall investments, for example, it allows those individuals to access liquid funds for retirement benefits more easily than in syndicated arrangements.
The Group SIPP, like the Odyssey SIPP and SSAS, also offers the fullest range of retirement options.