The Trustee Cash Account

What is our Trustee Cash Account?

It is a single premium investment available to the trustees of Self Invested Personal Pensions (SIPPs) and Small Self Administered Schemes (SSASs).

It offers you a choice of instant access and fixed term deposit accounts from a panel of financial institutions managed by Assured Retirement. The panel is reviewed regularly and consists of banks, building societies and National Savings and Investments.

How does it work?

The mixture of accounts will be selected so that the interest earned is maximised, they mature in time to provide the future benefits you have asked for and the amounts invested, including interest to be earned, do not exceed the current FSCS limit with any single institution.

All institutions within our panel are authorised to do business in the UK by the Financial Conduct Authority and are covered by the Financial Services Compensation Scheme (FSCS). The FSCS protects your deposits up to £85,000 per person, per authorised firm. NS&I is not part of the FSCS but is an Executive Agency of the Chancellor of the Exchequer and any money invested with NS&I will be 100% secure as they are backed by HM Treasury, with no overall limit on how much is guaranteed.

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