Cash deposits for SIPP clients? Six reasons to consider

Jan 18, 2018 Guides Read time 10m
Cash deposits for SIPP clients

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Our SIPP product range provides competitive rates of interest on fixed term deposits from 1 to 5 years. In this article, we review why cash deposits might be considered when looking at the asset allocation of a pension portfolio.

Certainty of income in uncertain times

In current market conditions, fixed term deposits can complement a client's SIPP portfolio by reducing the unpredictability associated with other investment classes.

Security with our enduring financial strength

With long term rating Aa3 from Moody's Investors Services, the enduring financial strength of Close Brothers leaves us well positioned to provide the SIPP market with attractive fixed term deposit products. To see our credit ratings in full, click here.

Fixed term deposits are accepted by most SIPP providers

Rather than leave your clients' cash in a default SIPP bank account earning little or no interest, consider moving the money into a fixed term deposit account offering a competitive rate of interest. Most SIPP providers accept cash deposits as an asset class.

Attractive rates of interest

Our SIPP product range includes fixed term deposits from 1 to 5 years. Your clients can save from £50,000 to £2,000,000 per term and benefit from our attractive rates of interest.

Preserve your clients' capital with fixed rates

With capital preservation and determined rates of return, your clients may consider competitively priced fixed term deposits as an attractive, yet cautious approach as part of their SIPP portfolio.

Consistent market presence

Since August 2015, we have developed a presence in the SIPP deposits market. From 1 to 5 years, our SIPP fixed term deposits provide consistently competitive rates for the cash component of your clients' portfolios.

Ask our specialist: fixed term SIPP deposits

Ask our specialist: fixed term SIPP deposits

Whether you're close to retirement or in the early stages of planning, a fixed term SIPP (Self Invested Personal Pension) deposit can give you more control over how you save for the future.

Aug 01, 2018 Insight 5 minute read

Cash deposits for SIPP clients? Six reasons to consider

Cash deposits for SIPP clients? Six reasons to consider

Our SIPP product range provides competitive rates of interest on fixed term deposits from 1 to 5 years. In this article, we review why cash deposits might be considered when looking at the asset allocation of a pension portfolio.

Jan 18, 2018 Insight 10 minute read