SIPP restrictions

jg123

Hi,

Could anyone tell me whether there is any restriction on which stocks I can invest in if I choose to go the SIPP "DIY" route with my pension?

jg123

Perelandra

From HMRC's point of view, pretty much all stocks can be held in a SIPP (from big blue chips on recognised exchanges to unlisted shares).

The restriction is more likely to come from the SIPP provider- if you're looking at non-mainstream stocks you may be limited in your choice, and have to pay a higher fee though.

thenudeone

For a standard off the shelf SIPP, it will usually be most shares listed on a major exchange, but it depends on the provider.

A bespoke SIPP also allows investment in unlisted company shares, but comes with significantly more cost (due to checking compliance with HMRC rules).

jg123

Thanks for the replies. I'll have a look at some providers.

jg123