RBS offer a range of SIPP deposit options, with some of their accounts having rather unusual features, which should be popular with SIPP investors and advisers alike.
Royal Bank of Scotland SIPP deposit accounts
The RBS range includes accounts with fixed terms as well as stepped rates.
The latest issues of these accounts will be available from 4th September 2012; as soon as they are announced we will update our best buy table, so watch this space as they say!
In the meantime RBS continue to offer their instant access account for SIPPs, which can be seen by clicking here.
As most people will be aware RBS is a member of the UK Financial Services Compensation Scheme (FSCS), which helps to provide depositor protection within certain limits.
The low minimum deposit of £5,000 also makes the RBS accounts particularly accessible.
Investment Sense Marketing Manager, Phil Bray, said: “Everyone has heard of RBS, they are after all one of the UK’s largest banks. However, I’m sure significantly less people were aware they offered SIPP deposit accounts.”
He continued: “We are delighted to welcome RBS to the best buy table, their rates are competitive and it’s great to see a bank coming up with some different types of account.”
If you would like to open an account, need application forms or require more information about the Royal Bank of Scotland’s SIPP deposit accounts their SIPP team can be contacted on 020 7615 4162 or by emailing firstname.lastname@example.org