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2027 Inheritance Tax Changes
SIPP Lite is a full SIPP for straightforward cases, at a low fixed cost. It holds one investment, which is what keeps the charges low, and it keeps every retirement option a full SIPP gives you.
Clients have full access to: Tax-free cash (Pension Commencement Lump Sum), Flexi-Access Drawdown, Uncrystallised Funds Pension Lump Sums, Open-Market Annuity purchase, and the full range
of death benefit options.
The single investment could be:
For individuals that require additional investments at a later date, including commercial property and land, they can upgrade their SIPP Lite plan to a Minerva SIPP.
We have one of the industries most cost-efficient fee schedules. For all charges and the conditions that apply, see the full SIPP Lite fee schedule. These are InvestAcc’s administration fees only. Adviser charges are separate and are facilitated from the SIPP on your instruction.
You can find the basic product literature here:
Link to the target market statement here (for financial adviser use only): SIPP Lite Target Market Statement (28th April 2024)
Link to the Assessment of Value here (for financial adviser use only): SIPP Lite Assessment of Value (22nd April 2026)
You can download more information including all our forms in the literature and forms page.
Note that InvestAcc does not provide advice of any kind.
The Minerva SIPP can invest in a wider range of assets including commercial property and land, on an individual or group basis. Any combination of permitted investments may be made within a Minerva SIPP including deposit accounts, DFM, open market platform/wrap accounts, stockbroker accounts and trustee investment plans, all held together within the same SIPP.
SIPP Lite is a lower cost option, for those that do not require multiple investment accounts, or access to commercial property and land at outset. SIPP Lite members are restricted to a maximum of one investment account, to run alongside the default SIPP bank account. This investment account could be another bank account or ONE of the following: stockbroker account, DFM, open market platform/wrap account or a trustee investment plan. For individuals that require additional investments at a later date, including commercial property and land, they can upgrade their SIPP Lite plan to a Minerva SIPP.
A Small Self-Administered Scheme (SSAS) is a type of UK registered pension scheme. Each SSAS is governed by its own trust deed and rules and is a separate legal entity to the sponsoring employer. The sponsoring employer establishes the SSAS and invites members to join. Any individual employed by the sponsoring employer (or a participating employer) may join the scheme and all members are appointed as trustees alongside the professional trustee. SSAS trustees have a very wide range of investment options, including the ability to make secured loans to the sponsoring employer of up to 50% of the net asset value of the scheme, subject to certain conditions.
We have been operating in these markets for over 20 years. The SSAS business was formed in 1997, and in 2003 we launched our flagship product, the Minerva SIPP. The range is completed by SIPP Lite, which has been available since July 2012.
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