Investment Restrictions for SIPPs

Some self invested personal pension (SIPP) investments, although allowed by HM Revenue & Customs (HMRC), are subject to tax penalties of up to 55% on any gains, making them effectively pointless to hold as investments. As such, they are therefore typically not permitted by SIPP providers.

These restricted investments include:

• Residential property (although it may be possible to invest as part of a larger syndicate)
• 'Pride in possession' assets, such as vintage cars, racehorses, fine wines, antiques, stamps and art