The Heritage SIPP and SSAS are designed to provide total flexibility across an extensive range of investments.

Our responsibilities

  • 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.

Standard investments

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.

Non-standard investments

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.

 

We are not authorised to provide investment advice. We will not comment on whether an investment is suitable for a client. We recommend that specific investment advice is sought from an appropriately qualified and authorised independent financial adviser.