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Cash on bank deposit

The interest rates from 4 August 2016, on cash held in the SIPP bank account, are detailed below:

Account balanceInterest rate
All balances0.40% below the Bank of England base rate

If the base rate is 0.4% or lower, no interest will be paid.

Interest will be paid gross and credited to the SIPP bank account monthly.

Disclaimer

This information is intended for investment professionals and should not be relied upon by private customers or any other persons.