You might also decide to use a SIPP, which allows you to decide how much you want to invest, and when. Bear in mind that you won't normally be able to make withdrawals from a SIPP until you reach age 55.
SIPPs give you the opportunity to invest in a range of investments, including mutual funds, shares, cash, exchange traded funds (ETFs) or investment trusts.
With all this choice, you may appreciate our
guidance service to help you choose investments, whether you’ve invested before, or you’re just starting out.
Retirement planning when you're self-employed is likely to be quite complex, so if you're unsure about the suitability of a pension or an investment you should seek advice from an authorised financial adviser.