Investments

Members of SIPPs and SSASs enjoy a wide range of investment opportunities. Infact, no investments are specifically banned by the legislation. Instead, certain transactions and investments (such as residential property) incur tax penalties which were designed by the Government to be prohibitive.

This section of our technical notes begins with a page summarising what investments are acceptable and which ones incur a penalty. This is followed by pages which go into more detail on specific types of investment. The areas covered in those pages are property, borrowing, loans, unlisted shares and bank accounts.

As a general rule, SIPPs and SSASs can both take advantage of the same investment opportunities. The only exception to this is the ability of a SSAS to make a loan to its sponsoring company, which is an option that is not available to SIPPs.