- Home
- Accounts & Cash Management
- Bank Accounts
- SIPP/SSAS Deposit Accounts
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, we will only accept deposits and documentation from a HMRC approved SIPP Administrator or Trustee. Deposits for SSAS accounts must be from HMRC approved SSAS schemes. We 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, First Rapid 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 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
Your account is automatically protected by;
Deluxe Provent ID Theft/Fraud Protection.
This service includes:
➧ Access to dedicated, certified Resolution
Specialists
➧ Convenient 24/7 access to secure storage
of your wallet contents
➧ Assistance if you lose your wallet,
experience fraud, or your identity has been
compromised
➧ Help to recover your identity to pre-theft
status
➧ Access to a one-time scan of your name
and address
➧ Monthly email fraud reports
SIPP/SSAS Accounts
