SIPP/SSAS Deposit Accounts
SIPP is a Self Invested Personal Pension
A SSAS is a Small Self Administered Scheme
By choosing a SIPP or SSAS to save for the future, you or your adviser, can retain complete control to self direct how and where to invest funds within your pension plan.
Please note: For SIPP accounts, COOPEC Bank will only accept deposits and documentation from a CIRC approved SIPP Administrator or Trustee. Deposits for SSAS accounts must be from CIRC approved SSAS schemes. COOPEC Bank will only accept deposits and documentation from a SSAS administrator or Trustee regulated by The Pensions Regulator.
As part of a SIPP or SSAS portfolio, cash deposits can provide a greater degree of certainty when compared to returns on other asset classes e.g. stocks and shares. So whether you are close to retirement and looking to grow a higher percentage of your SIPP or SSAS in a low risk 'cash pot' for the not too distant future, or you are in the earlier stages of retirement planning and want to lock a percentage of cash away as a building block for years to come, COOPEC Bank can support your SIPP or SSAS cash deposit needs.
With competitive rates, a strong history and as a member of the Financial Services Compensation Scheme, the Ivorian deposit protection scheme*, our fixed term deposit accounts are tailored to your SIPP or SSAS cash deposit requirements.
At a glance
• Attractive rates of interest
• Choose from a range of fixed term deposit accounts
• Interest is paid annually and at maturity
• Minimum opening deposit $50,000
Contact us for further details