This content was created by Ndubuisi 'Andy' Egwim. This content was uploaded by Ndubuisi 'Andy' Egwim. This is a YouTube video titled "ISA vs SIPP — What’s the Difference?" created on October 31, 2025, featuring Ndubuisi 'Andy' Egwim explaining the differences between ISAs and SIPPs, including their allowances and access conditions.
Basically, remember your stock, your Stock and shares ISA, you've got £20,000 allowance. The maximum you can put in all your ISAs for the year is £20,000. Is that, is that clear now? Okay, thank you. So that includes all your ISAs. If you've got like Lifetime ISA, if you've got like Stock and Shares ISA, if you've got Cash ISA, then all of it, the maximum you can put in the tax here is 20,000. Is that clear? That. That bit is clear. Right. Now the sip, on the other hand, is your pension. The maximum you can put in your pension, all your pension, including your NHS pension, salary sacrifice or even if you work elsewhere, the total you can put in is £20,000. So there's a difference in amount. Now there's a difference in your style of when you can assess the money, your stock and shares isa, you can decide to close it now and take out all your money, just sell the shares and that's it. Your sip, you cannot assess because it's pension. You cannot get it till you are 50. What age are you getting your sip? 57, I think. 57. Okay. Well, used to be from four years time. Okay, Ruben is the picture. Thank you. It's. Thank you, Ruben and Ada. So it's still 55. Oh, is it? Okay, it's still 55.
