Self-Invested Personal Pension
Investments
We aim to give clients the most comprehensive range of investment choice available under current legislation. This means we will permit any asset provided:
- it does not give rise to an unauthorised payment charge;
- we can obtain satisfactory title to the asset;
- ownership of the asset will not give rise to an unacceptable liability or risk, for example a legal, practical or environmental risk.
We will provide guidance on the administration requirements and acceptability of assets in a Rowanmoor Pensions SIPP.
As Rowanmoor Pensions is the legal owner of all investments held for a SIPP member’s benefit under their SIPP, investments need to satisfy our requirements in relation to all the above factors to be an acceptable investment in the SIPP. If there are subsequent changes to legislation, which affect particular types of assets, making them an unsuitable investment, we reserve the right to disinvest these existing assets.
| Investment Opportunities | Unacceptable Investments |
|---|---|
| Commercial property | Residential property (including ground rent) |
| Land | Loans to connected parties |
| Loans to unconnected third parties | Antiques |
| Unquoted shares | Rare books and stamps |
| Equities quoted on the London Stock Exchange | Oriental rugs |
| Equities quoted on recognised worldwide stock exchange | Furniture |
| Gilts, Bonds and Fixed Interest Stocks | Fine Wines |
| Investment Trusts | Works of art |
| Unit Trusts and Open Ended Investment Companies | Vintage cars |
| Insured pension funds | Yachts |
| Bank and Building Society deposits | Jewellery and gemstones |
| Offshore managed funds | Krugerrands |
| Futures and options | Plant and machinery |
| Copyrights | |
| Gold bullion |
Rowanmoor Pensions does not place any quoted investment directly, you will need to ensure any quoted investments are placed through, and held by, an appropriate investment manager. We have partnership links with a proven independent financial adviser investment platform and an integrated link to a member-focussed stockbroker system. Upon request, we will establish accounts for you with our partnership companies to enable available funds to be transferred for you to make quoted investments of your choice.
We will not charge for this facility. Clients who wish to take advantage of the special terms we have negotiated, can do so by making quoted investments through companies like Stocktrade (part of Brewin Dolphin Limited). Financial Advisers can use a Seven Investment Management Limited (7IM) investment platform account.
You may use other companies, not on our partnership list to make your quoted investment. If you choose this route there may be charges if they do not offer appropriate online links approved by us. Any arrangement must be opened on a nominee basis with an associated deposit account.
If an investment is not availble through an investment platform, we will be happy to make arrangements on your behalf. On receipt of investment instructions from you or your financial adviser, we will make the appropriate arrangements and transfer money from your SIPP bank account.
This information relates to the Rowanmoor Pensions SIPP. Please note that this list of investments is not exhaustive. If you are in any doubt whether an investment is acceptable or not, always refer to Rowanmoor Pensions before proceeding with the transaction.