Provided the pension is approved by HMRC it will be safe in bankruptcy and that includes SIPPS. There was a court case recently where the Insolvency Service was seeking to oblige those at pensionable age i.e. 55 to draw down part of their pensions to pay to their creditors, but this was thrown out by the House of Lords.
‘Is my Pension safe in Bankruptcy’ is just one of hundreds of questions we’ve answered since we first started in 1998, but feel free to call us on 01425 600129 if you need more specific information or bankruptcy help. We are here to help.