Physical Gold Ltd to offer Gold SIPP to UK retail investors

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Launch of the Gold SIPP

London, September 9 – Physical Gold Limited today announces the official launch of its partnership with Pointon York SIPP Solutions to offer UK retail investors the opportunity to include solid gold bars into UK Self Invested Personal Pensions (SIPPs).

Since A-day in April 2006, the types of investment permitted into UK pensions has been expanded to include various alternative assets, in an attempt to both encourage more saving for retirement and more balanced pension portfolios.  While new pension assets such as commercial property have been widely available to the retail market for some time, the opportunity to buy physical gold within a SIPP has been very limited.  Now investors of all ages and risk profiles can include gold in their pension plans giving a number of benefits:

  • Gold can be used to hedge against more aggressive high yield and emerging market equity schemes to give capital growth;
  • Gold tends to rise in value when many of the traditional assets fall, providing the portfolio insurance every pension should have;
  • Investors receive up to 40% discount off the price of gold bars through tax relief;
  • Storage of the gold is in a segregated account at The Delaware Depository, one of the largest and most reputable storage facilities in the world. It is licensed to COMEX, NYMEX and CBOT and insured by Lloyd’s of London.

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Commenting on today’s launch, CEO of Physical Gold Ltd Dan Fisher said: “We expect the take up to be significant as there are very few SIPP providers offering physical gold SIPP. Most pension savers have experienced significant falls in their pension value for the past 2 years, and the necessity for balance is more apparent than ever to avoid these nasty market shocks.  Gold is the missing link in most people’s investment portfolios.”

Physical Gold Limited has also teamed up with a large network of UK IFAs, to give UK retail investors the opportunity to include gold in their investment plans.

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For more information contact:

Dan Fisher, CEO, Physical Gold Ltd. Email: d.fisher@physicalgold.com, Direct tel: 0845 643 4773

About Physical Gold

Physical Gold Limited is one of the premier providers of physical gold both as a pension asset and regular investment in the UK. With headquarters at Tower 42, in the City of London, they can be reached on 0845 643 4321.

Website: www physicalgold.com

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