- We allow ‘standard’ investments (as defined by the FCA).
- We may allow certain “non-standard” investments for SSAS only.
- We will confirm whether the investment is permitted to be held within the Heritage SIPP and SSAS.
Allowable for both SIPP and SSAS
- Stocks and shares listed on any recognised investment exchange
- Fixed interest securities, loan notes and gilts
- Depositary interests (including CREST depositary interests)
- Investment Trust shares and Exchange Traded Funds listed on any recognised investment exchange
- Collective Investment Schemes (CIS) regulated by the FCA
- CIS constituted in a European Economic Area (EEA) member state and authorised by the appropriate regulatory authority, and recognised by the FCA as a CIS under the terms of Section 264 of FSMA 2000
- Direct holding of UK land and commercial property
- Bank deposits held within the EEA
- Structured Notes*
*Structured notes will only be accepted upon satisfactory completion of an Appropriateness Test form, and subject to the monetary amount invested being no greater than 25% of the fund.
May be allowable for SSAS
- Unregulated Collective Investment Schemes (UCIS) and other non-mainstream pooled investments as defined by the FCA
- CIS which can only be promoted to “well-informed”, “experienced”, “sophisticated” or “professional” investors
- Third party loans
- Loans to sponsoring employer
- Unquoted shares
- Overseas land and property
- Residential property
- Taxable moveable property
- UK property schemes promoted by a third party where the investment is held as part of a larger group (e.g. storage units, car parking spaces, land banking schemes etc.)
- Warrants, Futures, Options and any similar and/or leveraged investments
- Contracts for difference and spread betting
- Peer to peer lending and crowd funding schemes
The above lists are comprehensive but not exhaustive and may be subject to change at Heritage Pensions’ discretion.