Two new SIPP accounts launched – Harpenden BS
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Harpenden BS launch two new SIPP Cash savings accounts...
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Harpenden Building Society has launched two Cash SIPP savings accounts, giving advisers and SIPP providers secure cash options for pension portfolios. These accounts enable SIPP administrators to manage client pension cash with confidence, supported by secure deposit solutions and a straightforward administration process. From newly established schemes to mature portfolios, Harpenden provides a dependable home for SIPP deposits.
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35 Days’ Notice - SIPP Cash Deposit (Issue 1)
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2.75% Gross PA / AER* Variable
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• Variable rate savings account
• Interest calculated daily and added annually
• Minimum balance £10,000 up to £1,000,000
• Withdrawal or closure require at least 35 days’ notice
• Accounts can be opened by post or online by SIPP administrators only
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Instant Access - SIPP Cash Deposit (Issue 1)
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2.50% Gross PA / AER* Variable
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• Variable rate savings account
• Interest calculated daily and added annually
• Minimum balance £10,000 up to £1,000,000
• Accounts can be opened by post or online by SIPP administrators only
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Rates current at time of publishing. All SIPP savings accounts are subject to availability, product-specific terms and conditions apply. *The gross rate is the rate before deducting tax at the rate applicable to savings income. The annual equivalent rate (AER) is a notional rate which illustrates what the gross interest rate would be if the interest was paid and added to the account annually. Harpenden Building Society is not authorised to provide investment and pension advice.
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Why choose Harpenden?
- Transparent rates - designed to support advisers delivering value to clients
- Clear processes and account structure for SIPP operators and administrators
- Dedicated support for SIPP providers – ensuring smooth onboarding and servicing
- Deposits held with a long-established UK building society – providing confidence and stability
- Easy access accounts offer maximum flexibility, allowing funds to be withdrawn when required. They are well-suited to managing day-to-day liquidity within a SIPP, typically offering lower interest rates than notice accounts
- Notice accounts require a set notice period (35 days) for withdrawals, typically offering higher rates of interest than instant access accounts in exchange for reduced immediate access
- No monthly fees apply to our SIPP cash deposit accounts
- Access via SIPP administrators only – accounts must be opened and managed through an authorised SIPP administrator only and form part of an existing SIPP arrangement
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Harpenden Building Society is a member of the Building Societies Association. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Firm reference number: 157260.
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Please do not reply directly to this email as this mailbox isn't monitored and email is not a secure form of communication. If you have a query, please visit www.harpendenbs.co.uk for more details on how to contact us.Harpenden Building Society, Mardall House 9-11 Vaughan Road, Harpenden, Hertfordshire, AL5 4HU.
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