We have updated section 3 in our Terms and Conditions of Business that explains how client money is held and protected under the rules of the Financial Conduct Authority’s Client Assets Sourcebook (CASS). There is no change to the way your money is managed. The update is to provide clearer and more transparent information. View our Current Terms and Conditions of Business

Mon - Fri 09:00 - 17:00 0330 838 3705
We have updated section 3 in our Terms and Conditions of Business that explains how client money is held and protected under the rules of the Financial Conduct Authority’s Client Assets Sourcebook (CASS). There is no change to the way your money is managed. The update is to provide clearer and more transparent information. View our Current Terms and Conditions of Business

What are Standard vs Non Standard Investments

Investments within a SIPP fall into two broad categories: standard and non‑standard.

Understanding the difference helps you appreciate costs, risks and administration requirements.

Standard Investments

Standard investments are widely traded, transparent and relatively liquid. Examples include:

  • Listed shares
  • Funds and ETFs
  • Investment trusts
  • Cash deposits
  • Investment‑grade bonds

These investments generally have:

  • Regular market pricing
  • Established custodians
  • Lower administration complexity

Most SIPP members invest exclusively in standard assets.

Non‑Standard Investments

Non‑standard investments are typically more complex, less liquid and harder to value. Examples include:

  • Unquoted shares
  • Property syndicates
  • UCIS
  • Structured products
  • Commercial loans

Because of the higher risk and complexity:

  • Additional fees may apply
  • Regulated financial advice is usually required
  • Alltrust must carry out enhanced due diligence
  • Only Knowledgeable Investors may access certain investments

Why the Distinction Matters

Non‑standard investments:

  • Can take longer to buy or sell
  • May be difficult to value accurately
  • Can be harder to exit, especially in market stress
  • Increase administrative and regulatory oversight

Alltrust applies these classifications to protect members and meet FCA expectations.

If you have any questions about which standard and non-standard investments are permissible, please refer to our Permitted Investments List found within our Document Library or contact us on 0330 838 3705.

Email: [email protected] or [email protected]