Sophisticated investors and high net worth individuals can invest their personal pensions through a peer-to-peer bond auction platform and can shelter returns in the Sipp structure.
People will be able to invest their personal pension through the UK Bond Network, which allows investors to lend to businesses using an auction process to set interest rates.
Both quoted and unquoted bond issues are eligible for investment through EvolutionSIPP, a pension product made available through UK Bond Network’s partnership with SIPPclub.
Chris Maule, chief executive of the UK Bond Network, said: “Investors are continuing to gravitate towards peer-to-peer investments in search of good returns.
“Following the relaxation of terms announced in last year’s Budget, we have received a lot of demand from investors to participate through their Sipps.”
