I’m 49 and hoping to retire at 60. I will get a small portion of my teaching pension including lump sum at 60, then will have another small pension added to that at 63 from a previous company pension. I’ll then have my full teaching pension together with state pension at 67. On current projections, the amount I’ll receive at 67 is looking like a good enough sum to live off. What I’m trying to plan for (a bit late probably, but better late than never) is to have a bit more money between 60 and 67. I'm not averse to doing some part time hours in my 60s, but don’t want to be pressured into having to do lots. Until very recently I thought investing was complicated, extremely risky and something I’d need to do a lot of reading about and spend a lot of time monitoring, and I didn’t want to do that. Read an article that changed that perspective and I’ve recently started a stocks and shares ISA after years of saving in relatively low interest easy access and fixed term accounts. My thinking when opening this ISA would be to pay into it for 10 to 15 years to boost retirement funds. I always thought that because I am paying into my teaching pension I couldn’t take out another private pension at the same time. The reading I’ve been doing while looking into S&S ISAs has shown me this isn’t the case. Now I’m thinking I should be starting a SIPP as even though 75% of it will be taxable on exit, the tax benefits when paying in means it’s better value than a S&S ISA. (I’m a basic rate tax payer.) I’ve looked into AVCs before, but heard from retired colleagues their disappointment about amount of return compared to what they paid in and also as they’re taken from salary, it would mean remaining as a teacher for the next 11 years which I probably won’t do. Just looking for peoples’ thoughts...does SIPP sound like best route at the moment?