Pension Deposit Accounts

Compare pension deposit accounts...

Pension deposit accounts are available to pension fund trustees and act as a savings account for your business's pension funds. By depositing pension scheme cash into a pension deposit account, you can enjoy a competitive rate of interest whilst awaiting a suitable opportunity to invest that cash in alternative assets such as equities and bonds.

Compare a range of pension deposit accounts using the table provided and click on the links to apply for a Fair Investment pension savings comparison pack, which will include details on all the products listed below:


Pension Deposit Accounts
ProviderAccountRateApply
4.55% 
Interest can be paid Annually at 4.55% AER, Quarterly at 4.47% AER or Monthly at 4.45% AER. Minimum Deposit is £10K. Suitable for Pension Fund Trustees.
4.00% 
3 year fixed rate deposit plan that returns 4.00% a year. The plan is available to pension trustees.
2.00% 
Minimum Deposit is £10K. Suitable for Pension Fund Trustees.
Up to 2.00% 
Earn 2.00% on balances over £50K and 1.75% on balances £500 - £49,999. Suitable for Pension Fund Trustees.

In addition, cash held within the pension deposit account could be used to pay ongoing pension fund income withdrawals, if appropriate, rather than encashing invested assets.

Pension deposit accounts could benefit your business in a number of ways, including:

  • They can offer competitive variable or fixed interest rates
  • Some accounts allow instant withdrawals, giving you more flexibility
  • Receive interest either monthly or annually depending on the account

Use the table above to compare leading pension deposit accounts.