We are delighted to announce we have added Arbuthnot Latham to our SIPP deposit account best buy table.
Arbuthnot Latham are currently offering two fixed rate products specifically for SIPPs and both are covered by the FSCS (Financial Services Compensation Scheme), which we know is important to SIPP investors and IFAs alike.
Arbuthnot Latham SIPP deposit accounts
The six month fixed rate pays a competitive 2.35% with their one year product offering 3.40%, which is market leading amongst institutions covered by the FSCS.
The minimum amount needed to open each account is £50,000, with no limit on the maximum deposit.
Arbuthnot Latham is a long established private bank, having been founded in 1833 and their SIPP deposit accounts are available for both private investors and IFAs.
Commenting on being included in the Investment Sense SIPP deposit account best buy table, Gareth Syms, Head of Business Development at Arbuthnot Latham, said:
“We are delighted to be able to offer our rates on the Investment Sense best buy table since it demonstrates our commitment to increase our distribution across a range of platforms and providers’ panels. It also forms part of our ongoing strategy to provide a comprehensive investment management and cash deposit service to SIPP and SSAS clients.”
Any queries should be directed to Gareth Syms on 0207 0122500 or Caroline Stege on 0207 0122552.
Wide range of SIPP deposit accounts
The Investment Sense best buy table now features well over 100 ‘sippable’ deposit accounts, ranging from accounts offering instant access to longer term fixed rate products.
Marketing Manager, Phil Bray, said: “We are pleased to include Arbuthnot Latham’s SIPP deposit accounts, additional competitive rates means more choice for SIPP investors, which can only be a good thing.”
He continued: “With interest rates looking as they will remain low for some considerable time to come it has never been more important to work Cash hard and the rates from Arbuthnot Latham will help SIPP investors, who do not want to tie up their money for long periods, to do just that.”