Gold for Pensions
Your SIPP or SSAS may hold, manage and sell physical gold bullion held within your provider’s pension scheme. Investing in gold can offer wealth protection over the long-term and so, for this reason, our investor clients are increasingly adding gold to their pension portfolios.
Why Invest with Us
Flexibility
The Royal Mint’s DigiGold platform allows you to buy and sell gold by value rather than weight 24/7, 365 days a year.
Account support
Our dedicated pensions team is on-hand to assist you with any queries you may have relating to your SIPP or SSAS investment.
Security
Your gold is held in The Vault® which is our purpose-built state of the art, secure storage facility. Click here for more information.
Physically backed
All Gold for Pensions gold is backed with investment-grade LBMA-approved metals. Gold for Pensions allows for investment into gold bullion bars and/or DigiGold, no other format or metal is available to be held within pensions.
What is a SIPP?
A SIPP is a personal pension product (private pension) and is set up with a SIPP Provider/Administrator. The provider/administrator should ensure that the SIPP operates in accordance with pension regulations, and hold your pension assets in trust and provide administration services. All investment decision making is made by you, and/or an appointed financial advisor. The SIPP provider will not usually provide regulated financial advice to you so the additional services of a regulated financial adviser may be optimal.
What is a SSAS?
A SSAS can be set up by a Limited Company and allows up to twelve pensions members into the group scheme. Scheme members are usually directors and senior staff (and can include family members). Unlike SIPPs, where member trustees are not essential, SSASs operate optimally when all members are trustees and, largely, can control their own affairs. An employer creates its own SSAS under trust and the SSAS administrator registers it with HMRC as a standalone scheme.
Flexible Investment Options
Here at The Royal Mint our Gold for Pensions account holders have the option to invest in individual gold bullion bars*, DigiGold or a combination of the two. With affordable investment options starting from £25, invest as much or as little as you like.
*Applicable bars available to hold in your pension are: 1oz, 50g and 100g minted gold bars, 500g and 1kg cast gold bars.
How it works
Choose and Apply
Select your preferred pension provider from our list of pre-approved partners, or contact us to see if we can onboard your SIPP provider/ SSAS administrator, request an application, complete and send it to your provider of choice.
Application Approval
On approval of your application, you’ll receive an email confirming the opening of your account.
Login and Invest
Log into your account and begin the process of adding gold bullion bars and/or DigiGold to your SIPP or SSAS pension. Please contact our pensions team if you’d like to learn more.
*Please note, the value of your investments can go down as well as up and you may get back less than you originally invested. Tax treatment depends on your individual circumstances and rules may change. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified, independent financial or tax adviser. Past performance is not a guide to future performance.
What Are The Fees?
GOLD BULLION BARS
PURCHASE FEE
Fee varies by bar weight and size of proposed investment*
ANNUAL STORAGE FEE
1% + VAT (variable dependent on size of holding) per annum
SELL BACK FEE
2%
DIGIGOLD
PURCHASE FEE
0.5%
ANNUAL STORAGE FEE
0.5%+ VAT per annum
SELL BACK FEE
1%
* For pension members looking to make gold bar investments of more than £100,000 (and/or regular, large contributions), please contact the Gold for Pensions team to explore bespoke pricing.
FAQ
Gold for Pensions allows you to add physical gold to your Self-Invested Personal Pension (SIPP) or your Small Self-Administered Scheme (SSAS).
Your Gold for Pensions account gives you the ability to buy and sell physical gold bullion and/or DigiGold at competitive premiums determined by live gold prices.
Your pension scheme has direct, full legal ownership of the individual gold bars, or gold ounces (in the case of DigiGold). The Royal Mint is simply a custodian, and we don’t have any direct claim on the gold you purchase.
Simply click the relevant link at the top of the Gold for Pension home page and request an application form and call back from one of our dedicated team.
The minimum purchase is £25 (DigiGold) and there is no limit to the maximum amount of gold which can be held or invested with The Royal Mint. However, please be aware that there are limits on the amount of money which can be contributed to and held within a pension. We recommend you speak to your advisor or SIPP provider for further clarification.
|
Product |
Purchase fees |
Storage fees |
Sell-back premium |
|
Gold Bullion Bars |
Purchase fee varies by bar weight and size of proposed investment* |
1% + VAT (variable dependent on size of holding) per annum.
|
2% |
|
DigiGold |
0.5% premium |
0.5%+ VAT per annum. |
1% |
*For pension members looking to make gold bar investments of more than £100,000 (and/or regular, large contributions), please contact the Gold for Pensions team to explore bespoke pricing.
You can sell part or all of your gold holding to The Royal Mint at any time, with the sales proceeds being credited to your bullion account. Please note that funds cannot be held within your bullion account for more than 30 days. If this period elapses and funds remain in your account, they will be repatriated to your pension provider within 30 days.
We are unable to recommend any SIPP providers to you. However, we do have some providers pre-approved on our investment platform, and those providers are listed here. (Please note, these are not in any priority or other order).
If your pension provider is not on the list, please contact us to discuss as we still might be able to assist you.
Pension clients have the option to invest in individual, eligible gold bullion bars, DigiGold or a combination of the two, within your Gold for Pensions account.
Please click here to view a list of the eligible gold bullion bars available to purchase and hold within your Gold for Pensions account.
*Please note, the value of your investments can go down as well as up and you may get back less than you originally invested. Tax treatment depends on your individual circumstances and rules may change. We don't offer advice, so it's important you understand the risks, if you're unsure please consult a suitably qualified, independent financial or tax adviser. Past performance is not a guide to future performance.
