Once you have developed the SSAS fund you have the choice to start investing. The way you invest your money is entirely in the hands of the trustees and with the help of your financial adviser you can select your investments from a wide range of assets, everything from stocks and shares to commercial property. If you are looking for support in managing your investments, you may also choose to have an investment adviser, discretionary fund manager or a stock broker.
The investment opportunities are wide and the scheme is highly flexible to reflect this. The investments available include:
- Stocks and shares
- Bonds & Gilts
- Units in an authorised trust scheme
- Shares in an open ended investment company
- A freehold or leasehold interest in commercial property, including land
- Hotels, nursing homes and public houses
The scheme can borrow money to purchase an asset, a property purchase for exampole. The borrowing is limited to 50% of the net value of the fund immediately before the borrowing has taken place.
Important Notes:
- Tax Risk:
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HM Revenue & Customs (HMRC) practice relating to pension legislation and, in addition the treatment of personal taxation is subject to change. Any changes, including changes to your own personal circumstances, may affect the pension income you receive from your SIPP and entitlement to tax relief on contributions.
You should seek appropriate taxation advice specific to your circumstances, before proceeding.
- Capital Risk:
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The value of your SIPP is the value of the investments held within it. Investment values can go down as well as up and may therefore be worth less than the amount you invested initially.
