What investments are permissible in a SIPP?
There are no restrictions, beyond those imposed by HM Revenue & Customs from time to time, on the investments that may be held a SIPP. Your pension fund can, therefore, be invested in a wide range of investments, including: o Stocks and shares, both quoted and unquoted o Open-ended investment funds o Insurance company funds o Commercial property o Loans to unconnected parties, and o Cash deposits It is also possible to borrow up to 50% of the value of your pension fund for any investment purpose. All investments must be acquired, disposed of or leased on commercial terms. If your pension fund invests in certain investments known as Taxable Property such as residential property, whether in the UK or overseas – or tangible moveable property, then tax charges will be imposed that will negate the tax advantages that would otherwise apply. These tax charges will apply if the investment in Taxable Property is made directly or indirectly, although there is an important exception for indirect
