What can I invest in?
Please note: From 13 March 2020, we will not be accepting new SIPP applications as our pension trustee is changing. Current applications and policies will continue to be processed as normal and we will advise as soon as a new trustee is appointed.
What types of investments can I hold in a SIPP?
Self Invested Personal Pensions have some restrictions on the types of investments that can be held within them. The investments that you can hold in our SIPP are as follows;
- Cash holding
- Shares in companies listed on the main London Stock Exchange (LSE) or AIM
- Shares in companies listed on a HMRC recognised overseas stock exchange
- Shares in companies traded on an HMRC recognised stock exchange within the EEA
- Unit Trusts, Open-ended investment companies (OEICs) and similar collective investment schemes authorised and/or recognised by the FCA
- Fixed interest securities and loan notes listed on the LSE , AIM or any overseas HMRC recognised stock exchange
- UK Government treasury bills and other government fixed interest securities
- Depositary interests/receipts (including CREST depositary interests) where the underlying investment would be classified as a standard permitted investment
- Exchange traded funds recognised by the FCA and listed on the LSE or a European market
- Exchange traded commodities listed on the LSE, AIM or any overseas HMRC recognised stock exchange (albeit an appropriateness assessment required)
- Investment Trusts shares listed on the LSE, AIM or any overseas HMRC recognised stock exchange
- Real estate investment trusts listed on the LSE, AIM or any overseas HMRC recognised stock exchange
- Insurance company funds
Standard Permitted Investments generally unavailable via The Share Centre
- Structured products
- Shares in companies listed on the London Stock Exchange’s Specialist Fund Market
Example of Non-Standard Investments only at Trustees Discretion
- Shares in companies listed on NEX (formerly ISDX)
- Unlisted shares
- Unregulated collective investment schemes
- Warrants and covered warrants
- Depositary Interests/Receipts where the underlying investment would not be classified as a standard permitted investment
- Rights and Options to acquire shares
- Placings permitted only at Trustees Discretion
The Share Centre determines permitted standard investment eligibility using HMRC ISA eligibility standards. Any investment requested outside of these standards would require Trustee authorisation and may be recorded as a non-standard investment. All investments are subject to The Share Centre platform’s availability.