Permitted Investments

Yorsipp Limited allows the member the freedom to invest in a wide range of assets.  Although some will require careful consideration as to their suitability.Some of the assets that may be held are:

• Stocks & Shares traded on UK Stock Exchange including Unlisted Securities, AIM.
• Stocks & Shares traded on a recognised overseas Stock Exchange.
• Unquoted Shares
• Commercial Property
• Gilts
• Unit Trusts, OEICs
• Deposits
• Insurance Company Investment Bonds
• Limited Liability Partnerships
• Loans
• Connected Party Transactions

It will be possible to sell and purchase an asset from a connected party such as a family member so long as the transaction is deemed to be at “arms length” and on a commercial basis.  If this is not the case then a tax charge will arise from the transaction.

Trading

It is possible for a pension scheme to trade.  However should this be the case then any income gained would be subject to a tax charge.  At this time HMRC have not issued their guidance as to what they would consider to be trading.