Rowanmoor Pensions aims to give SIPP members 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 tax 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 administration requirements and the acceptability of assets in the SIPP.

As Rowanmoor Pensions is the legal owner of all assets 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 acceptable as an investment in the SIPP. If there are subsequent changes to legislation, which affect particular types of assets, making them an unacceptable investment, we reserve the right to disinvest existing assets. Investments held within your SIPP are protected from personal bankruptcy.

Please note that the list of investments provided is not exhaustive. Please always refer to Rowanmoor Pensions if you are in any doubt, or if your investment choice is not on the list.

Investment Opportunities

• Cash and deposits
• Insured pension funds, including trustee investment plans (TIPs)
• Traded endowment policies (TEPs)*
• Unit trusts and onshore and offshore open ended investment companies (OEICs)
• Investment trusts
• Structured products
• Equities, warrants and bonds quoted on the London stock exchange (including AIM), and the PLUS stock exchange (“PLUS-SX”)
• Equities, warrants and bonds quoted on recognised worldwide stock exchanges
• Hedge funds and other alternative investment funds*
• Exchange traded futures and options, contracts for difference (CFDs) and other derivatives where the liability under the contract is limited to the amount invested in that contract*
• Foreign exchange contracts*
• Unquoted shares*
• Commercial property, including overseas*
• Hotels, prisons, care homes and public houses*
• Hotel rooms, including overseas*
• Forestry, woodland and agricultural land*
• Land, including land for development*
• Secured or unsecured loans to unconnected third parties*
• Harvestable commodities and plantations including green oil, teak oil, rubber and timber, subject to compliance with taxable property regulations*
• Carbon credits*
• Other ethical investments*
• Gold bullion*
• Intellectual property (including copyrights and patents)*

*Whilst these investment opportunities are eligible under legislation and regulatory requirements, Rowanmoor Pensions may perform additional due diligence on these investments before accepting them.

Unacceptable Investments

• Residential property (including ground rent)
• Secured or unsecured loans to connected third parties
• Taxable moveable property, including:
  Plant and machinery, wind turbines, solar panels, antiques, fine wine, furniture, jewellery and gemstones, oriental rugs, rare books and stamps, vintage cars, works of art, Krugerrands and yachts

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.

Rowanmoor Pensions has partnership links with a number of providers offering investment services, such as stockbrokers, fund supermarkets and other investment platforms. Should you wish to take advantage of the special arrangements we have negotiated with our investment partners we will, upon request, establish accounts for you. We do not charge for this facility. For more information please visit SIPP Investment Partners.

You may use other companies not on our list of investment partners to make your quoted investments. If you choose this route there may be charges if they do not offer appropriate services approved by us. Any arrangement must be opened on a nominee basis with an associated deposit account.

If an investment is not available 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. Please just ask.

Rowanmoor Trustees Limited, as trustee, must be the sole named owner of all SIPP investments, with the exception of property, which will be co-owned with you.

Property may be purchased through your SIPP as an asset to provide retirement benefits. For further details on SIPP property purchase and borrowing to invest please visit the SIPP literature library.

This information relates to the Rowanmoor Pensions Self-Invested Personal Pension (SIPP). If you are in any doubt whether an investment is acceptable or not, or if you hav specific questions regarding the information provided on this page, please contact us, email us or write to us via the enquiry box on the right hand side.