Your pension investment can help to build a greener future with our SIPP Deposit account.
Our SIPP Deposit Account is available to individuals via a SIPP (Self-Invested Personal Pension) fund manager and offers a fair rate of interest with no notice required for withdrawals.
Best of all, you get the reassurance of knowing that your money is invested only in projects and properties that work for the good of people and the planet.
Our SIPP Deposit account is available to scheme administrators of a SIPP fund. Individuals can't invest in the account directly.
You can find out more by downloading our SIPP Deposit leaflet.
Individuals can find out more about SIPP schemes from The Pensions Advisory Service.
If you've got any questions about whether you can open an account with us, please contact us – we'll be happy to help.
Key features
- Interest rate is 0.60% below Bank Base Rate up to £50,000 and 0.40% below Bank Base Rate for funds over £50,000
- Minimum deposit £25
- Maximum investment £125,000
- No notice required for withdrawals
- Gross tax status - interest will automatically paid without the deduction of tax
- Operation by first class freepost or, subject to special terms and conditions, online
- Individual customer service from our head office
- Your money is only used to support properties and projects that benefit the environment
How much can I save?
The minimum amount to open a SIPP Deposit account is £25, and the maximum investment is £125,000.
You can find out more by downloading our SIPP Deposit leaflet.
How is interest paid?
We calculate interest daily, credit interest to your account on 31 December each year, and send you an annual statement in January. The interest rate paid applies to the entire balance in your account and we pay interest on all balances, however low.
You can find out more by downloading our SIPP Deposit leaflet.
How can I pay in money?
Money needs to be paid in by your SIPP scheme administrator. You can find out more by downloading our SIPP Deposit leaflet.
How can I access my money?
Money can only be repaid to your SIPP scheme administrator. You can find out more by downloading our SIPP Deposit leaflet.
How will you keep me informed about my savings?
We'll send your SIPP scheme administrator a statement every January, as well as a regular newsletter highlighting some of the projects your money supports. You can also request to have a copy of the statement sent directly to you.
You can find out more by downloading our SIPP Deposit leaflet.
Does this account give me voting rights in Ecology?
No - this is a deposit account rather than a share account, so it doesn't enable you to vote at our Annual General Meeting.
Save with us and you're helping to support sustainable development across the UK. The projects and properties we fund benefit the environment and local communities - whether it's an ecological new build, bringing a disused property back into use, or supporting a community enterprise.
We're proud to have supported over 2,000 projects since we started in 1981. Here's just one example of how we've helped:
Adam and Angie’s story: from sheep dip to eco-office
Adam and Angie built an ecological workspace next door to…
Working in this beautiful space 15 yards from our own back door feels like a bit of heaven. Thank you Ecology.
Adam and Angie, Ecology borrowers