SSAS: Deposit accounts for SSASs, what are your options?

iStock_000015874214_ExtraSmallThe Investment Sense website publishes the only in-depth best buy table for SIPP deposit accounts, but what are your options if you have a Small-Self Administered Scheme or SSAS for short? SSASs have had a resurgence over the past couple of years and with stock markets increasingly volatile we are getting more and more enquiries about the Cash options available. You’d be forgiven for thinking that if a bank or building society offers deposit accounts for SIPPs, then they will accept ...

SIPP deposit accounts: New entries, climbers and fallers November 2012

Any hope that the recent falls in interest rates on SIPP deposit accounts were coming to an end in October, have been well and truly dashed in November, with rate cuts and product withdrawals continuing apace. The main reason behind the continuing rate cuts appears to still be the Funding for Lending Scheme (FLS), which is offering a cheaper source of finance to banks and building societies; although we are seeing more institutions confirm that their own funding position is strong, meaning they require less money from depositors. New entrie...