The Capita SIP Services SIPP gives you maximum control in the way you invest your fund; control through the flexibility and choice available to you.

Through your SIPP you can invest in most areas recognised by HM Revenue & Customs (HMRC) as a ‘Permitted investment’, which are outlined below.

• Stocks and shares of companies (including investment trust companies) listed or dealt on any stock exchange recognised by HMRC (including the Alternative Investment Market (AIM) but excluding OFEX) including:
  • Fixed interest securities issued by governments or other bodies
  • Equities
  • Debenture stock and other loan stock
  • Permanent interest bearing shares
  • Convertible securities
  • Warrants (for equities)

• Depository interests (including CREST depository interests)

• Unit trusts / collective investments including
  • Any unit trust operated by a person resident in the UK and authorised for the purposes of FSMA
  • Any ‘tax exempt’ unauthorised unit trust within the UK that does not hold any freehold or leasehold interest in residential property (limited exemptions to this rule apply)
  • Interests (however described) in a collective investment scheme, operated by a person resident outside the UK recognised under section 264 or 270 of FSMA
  • Contracts or policies of insurance linked to insurance company managed funds, unit linked funds or investment funds of an insurance company resident in the UK or authorised in accordance with Article 6 of Council Directive 79/267 (First Council Directive on Direct Life Assurance)
  • Share in an Open Ended Investment Company (OEICS)

·         Investment trusts including stocks and shares in investment trusts purchased and held through investment trust savings schemes or investment plans operated by persons resident in the UK and authorised for that purpose under the FSMA or resident outside the UK but subject to regulation for that purpose in terms of FSMA

·         In respect of real property

o      Commercial (but not residential) within the UK

o      Land, including development land, farmland and forestry with the UK

o      Ground rent, rent charges, ground annuals or other annual payments reserved in respect of, or charged on or issuing out of property

·         Other investments include

o      Deposit accounts held with any UK based deposit accounts held with any UK based deposit taker (as defined in section 481(2) of ICTA) in any currency

o      Such other investments as Capita SIP Services may, whether as Trustee or Scheme Administrator, from time to time determine (whether for statutory or regulatory reasons or otherwise).