If you are transferring funds from several pensions or waiting to purchase commercial property a cash deposit account is an excellent way of earning interest without tax being deducted or taking any risk. In times of stockmarket volatility it can also prove to be a safe haven for your pension funds. As an investment, cash can be “King” and can be a low risk complement to bonds and shares. Each SIPP has its own bank account. The account is used to pay for the expenses of running the SIPP, making investments, collecting investment income and making mortgage payments (where applicable). For the best pension deposit rates contact i-SIPP, enquiry form.