SIPP and SSAS Savings Accounts

In line with our philosophy to provide a specialist banking service, we have created accounts specifically for the SIPP and SSAS market.

These feature streamlined account opening, and the abillity to tailor a product to your exact requirements.

Our pension and trust services are ideally suited to pension advisers, administrators, trustees and providers who need banking facilities for pension schemes.

> Fixed Term Deposits for SIPP and SSAS savings

> Pension and Trust Reserve Account

> Pension and Trust Cheque Account

Fixed Term Deposits

• Fixed Term Deposits priced using money market rates
   
• Terms ranging from 3 months to 5 years
   
• The minimum balance required for a Fixed Term Deposit is £50,000 or the equivalent in EUR or USD
   
• Withdrawals may be made at the maturity of each Fixed Term Deposit, subject to the receipt of a written instruction

 
> For our latest rates, or for more information, call us on 0845 366 6333 [UK only] or +44 20 7597 4131...
> ...download a factsheet and summary box
> ...or email us on ukbankingsales@investec.co.uk
> Download the Terms & Conditions

Pension and Trust Reserve Account

• A savings account offering attractive rates of interest
   
• Operates on a one-month notice basis
   
• The minimum balance required to open and operate this account is £25,000
   
• Interest is paid monthly or annually

 
> For more information, call us on 0845 366 6333 [UK only] or +44 20 7597 4131...
> ...download a factsheet or application form...
> ...or email us on ukbankingsales@investec.co.uk
> Download the Terms & Conditions

Please note the rate for the Pension & Trust Reserve Account changed effective 27 August 2010. The Pension & Trust Reserve Account now has one rate of 2.25% gross AER for balances of £25,000 and over, instead of tiered rates.

Pension and Trust Cheque Account 

• An easy access, transactional bank account offering flexibility, streamlined administration, easy payment mechanisms and a competitive interest rate
   
• Clients can make use of a cheque book, standing order and direct debit facilities
   
• There is no minimum balance on this account
   
• Interest is paid monthly or annually

 
> For more information, call us on 0845 366 6333 [UK only] or +44 20 7597 4131...
> ...download a factsheet or application form...
> ...or email us on ukbankingsales@investec.co.uk
> Download the Terms & Conditions

These accounts are offered by Investec Bank plc

1 The rates shown above are correct as at 1 January 2010 and subject to variation. AER stands for the Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once a year. ‘Gross’ is the interest rate paid before the deduction of tax. 'Net' is the interest rate paid after the deduction of tax.