- Our specialist deposit accounts
- How it works
- Get started
Our specialist deposit accounts
This account allows operators and administrators of SIPP and SSAS pension funds to invest funds as cash on behalf of their clients.
This offers competitive low-risk returns as well as improved flexibility and liquidity planning – especially useful when the scheme members near retirement.
Proud to work with some of the UK’s most innovative providers.
Reach out to our specialist deposit solutions team by calling 020 7862 3010 or emailing them here.
We’re open from 9am-5pm, Monday-Friday, and closed on bank holidays.
Why save with Hampshire Trust Bank?
Using cash to reduce risk
Whether you administrator Small Self-Administered Schemes (SSAS) or Self-Invested Personal Pensions (SIPP), cash deposits help diversity and offer flexibility in how the pension savings are invested.
By safeguarding a portion of the funds by holding the money as cash can reduce risk and increase liquidity as your members near retirement age.
This also aids financial planning as funds can be spread across any of our specialist savings accounts, ranging from easy access to five years fixed.
Competitive rates with stability in mind
We review our market rates regularly to ensure our pension clients, their clients and scheme members enjoy the best returns possible to unlock the best retirement possible.
With rates like ours, cash deposits are a rewarding and low-risk alternative to stocks and shares or other investments.
And, as a regulated UK bank trusted with over £3.2bn of deposits, you’ll have the strength of our experience and capital position behind you.
Personal specialist service
Working with us is convenient and at your pace. You’ll get access to our dedicated experienced specialists who understand pension liquidity and are able to help with anything else you need.
Surprisingly simple to start
It’s never been easier to open a pension deposit account – just talk to our specialist team or start your application with us here.
We’ll get things going and keep you updated every step of the way.
Reach out to our specialist deposit solutions team by calling 020 7862 3010 or emailing them here.
We’re open from 9am–5pm, Monday–Friday, and closed on bank holidays.
Frequently Asked Questions
- General:
Pension providers typically spread cash across a number of carefully selected banks, each of which will likely be separately covered under the FSCS. Any eligible deposits held with us by eligible SIPP or SSAS operators will likely be covered by the FSCS up to the current £85,000 limit – speak to your pension administrator directly if you have any questions about this.
Deposits are kept in cash by us and availability will be dependant on the accounts you have with us. Please contact your specialist to find out more about your specific account.
Our pension savings accounts are not for individuals, and must be opened through the operators or administrators of the pension fund. SIPP and SSAS can be complicated products to understand so we suggest you seek independent financial advice before making any decisions.