Investment Flexibility

Pensions law and HMRC requirements dictate what investments are permitted from time to time within pension schemes.

Subject to these considerations and limitations, we want each individual scheme to be able to take maximum advantage of the freedoms permitted. Our SSASs are designed specifically, unlike many others, to enable clients to enjoy this flexibility without unnecessary restrictions. In particular, they are able to select from the whole range of permitted investments and may consider, where appropriate, investments in private equity and loans and joint investments made with scheme members and/or third parties.

Permitted investments include cash deposits, fixed interest investments, equities quoted on any international exchange, private equity, commercial property, interests in land and joint investments.

Our pension schemes may borrow on suitable terms where necessary.

HMRC rules prohibit direct or indirect investments in “taxable property” which includes residential property and/or “taxable moveable property” which, for example, includes objets d’art, precious stones, stamps, antiques, etc.

In addition, SSASs are restricted from applying more than 5% of their funds to the purchase of equity in sponsoring employers.

SSASs may not loan to scheme members though loans are permitted to associate companies.

Nigel Sloam & Co will provide expert counsel on what is permitted from time to time.

Pension scheme investments must be selected so that they meet the objectives for the scheme.