Loans.

Both our SIPP and SSAS schemes can make loans as investments but restrictions apply in certain circumstances.

Genuine investments

SIPP and SSAS schemes can make loans to third parties but loans to members (or those connected to members) are not permitted. Any such loans will be taxed as unauthorised payments.

As a registered occupational pension scheme, a SSAS can make a loan to a person who is, or has been, a sponsoring employer, subject to certain restrictions.

All loans will only be acceptable if they are genuine investments of a pension scheme and are made on commercial terms.

For more information on the treatment of loans within a SIPP or SSAS, please click on the links to the right.