Investment SIPP Account

A current account for SIPP holders that pays interest on all balances in pounds. Available in pounds.

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  • Available for individuals with self-invested personal pensions who wish to hold part of their funds in cash.
  • No annual or monthly account fees.
  • Control is given to the SIPP Corporate Trustee who manages a customer's personal pension assets.
  • Interest paid on balances in pounds only.
  • Allows funds to be transferred from one denomination to another without incurring currency-conversion charges.
  • No minimum account balance requirement.
  • Withdrawals are processed electronically and must come via the SIPP provider.


Available to SIPP holders via their SIPP provider.

Account holders must be 18 or older and be resident in the UK permanently. If you are under the age of 18 please contact your Junior SIPP Provider.

All Cater Allen current accounts are subject to status.

This account is subject to availability and may be withdrawn from sale at any time without notice.

More information

  • The account can be managed by phone or by post via your SIPP provider.
  • Overdraft facilities are not available.

Interest rates

Rates may vary and are correct as at 25 April 2022. Interest rates are variable and tiered. Interest is calculated daily and credited monthly.

Investment SIPP Account (GBP) - £ pounds

Balance Rates up to and including 24 April 2022 (Gross % p.a.) Rates up to and including 24 April 2022 (AER % p.a.) Rates from 25 April 2022 (Gross % p.a.) Rates from 25 April 2022 (AER % p.a.)
£500,000+ 0.10% 0.10% 0.25% 0.25%
£100,000+ 0.05% 0.05% 0.15% 0.15%
£0+ 0.01% 0.01% 0.05% 0.05%

    How to apply

    Step 1:Read and save the following documents:

    Although you should apply via your pension provider we have provided the relevant documentation required for an application. It's important that you fully understand the account, interest rates and the relevant Terms and Conditions before submitting an application.

    View the interest rate for the account you would like to apply for

    Step 2:Please contact your pension provider:

    Please contact your pension provider to discuss opening the account and completing an application form.

    If you don't have a pension provider, please contact us on to discuss your options.

    Once your pension provider has sent in your application, it will usually be processed within 5 days of us receiving it, as long as the application form is completed correctly and accompanied by all required documents. Application forms we receive which are incorrect or incomplete will be automatically returned.

    Literature downloads

    Account Fact Sheets

    Additional important literature about your account

    Terms and Conditions

    Why choose Cater Allen?

    We have over 200 years of experience working in the UK, aiming to deliver a high level of customer service whenever you need help.

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