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FAQs

This section of the website contains answers to some of the more common questions that arise regarding SIPS membership and prospective benefit entitlements. Please select a category to find questions relevant to your circumstances. If you cannot find the answer to your question here, please click Contact Us at the top of the page.

 

General Questions

Reveal Answer

Where can I get financial advice?

Joining SIPS

Reveal Answer

Why should I join?

Reveal Answer

How do I join?

Close Answer

Do I have to join?

You are not obliged to join the Scheme but if you do not join at the first opportunity you may only join later with the specific permission of your employer and the Trustee.

If this permission is granted, you may be asked to complete a Declaration of Health Form and may then be asked to attend a medical examination. This could result in the Trustee restricting your benefits.

Defined Benefit Members

Reveal Answer

How do the Defined Benefit Sections of SIPS work?

Money Purchase Members

Reveal Answer

How does the Money Purchase Section of SIPS work?

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