SIPP and SSAS savings : Investec Specialist Bank and Asset Manager

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Attractive rates for pensions and trusts

Lionel Ross on the Pension and Trust Reserve Account

> 1 minute 11 seconds

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.

> Pension and Trust Reserve Account

> Pension and Trust Cheque Account

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

Pension and Trust Reserve Account interest rates¹

GBP	Gross	Net	Gross AER¹
£25,000 to £99,999	1.98%	1.59%	2.00%
£100,000 to £499,999	2.47%	1.98%	2.50%
£500,000+	2.96%	2.37%	3.00%

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

Pension and Trust Cheque Account interest rates¹

GBP	Gross	Net	Gross AER¹
£0 to £9,999	0.05%	0.04%	0.05%
£10,000 to £24,999	0.25%	0.20%	0.25%
£25,000+	0.50%	0.40%	0.50%

Interested in this information?

Contact: The Banking team
Private Bank
Phone number: +44 20 7597 4131

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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.