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Gold Pensions (SIPP)

Hold physical gold
in your pension.

A Self-Invested Personal Pension (SIPP) can hold HMRC-approved physical gold coins and bars as a tax-efficient way to diversify your retirement savings.

Key facts
Tax-free growth
Gains within a SIPP are free from UK Capital Gains Tax.
HMRC-approved
Only investment-grade gold meeting HMRC criteria qualifies.
Allocated storage
Your gold must be stored in an approved facility — not at home.
Income tax relief
Pension contributions attract income tax relief at your marginal rate.
This page is for information only and does not constitute financial advice. Please consult a qualified financial adviser.

What is a Gold SIPP?

A Self-Invested Personal Pension (SIPP) is a type of UK personal pension that gives you greater control over the investments held inside it. Unlike standard personal pensions — which limit you to funds and shares — a SIPP can hold a wider range of assets, including HMRC-approved physical precious metals.

Gold within a SIPP grows free of UK Capital Gains Tax and Income Tax. When you take your pension, you can draw a 25% tax-free lump sum, with the remainder taxed as income in the usual way.

Bleyer Bullion supplies HMRC-approved investment-grade gold coins and bars that are eligible for SIPP investment. We work alongside specialist SIPP trustees and storage providers to help you set up and manage your gold holding.

How it works

1

Open or transfer a SIPP

You'll need a SIPP that accepts physical gold. Specialist SIPP trustees — such as AJ Bell, Talbot & Muir, or similar — can administer gold holdings. If you already have a SIPP, check whether it permits physical precious metals. We can point you in the right direction.

2

Instruct your SIPP trustee

Your SIPP trustee places the purchase order with Bleyer Bullion on your behalf using SIPP funds. The trustee — not you personally — is the legal buyer, which is a HMRC requirement.

3

Allocated vault storage

Your gold must be held in an approved vault facility — it cannot be delivered to your home. Bleyer works with approved storage providers. Storage costs are paid from your SIPP.

4

Grow tax-free

Your gold appreciates (or falls) within the tax wrapper of the SIPP. When you reach pension age you can draw your benefits in the normal way, or sell your gold back to Bleyer at prevailing market prices.

HMRC-eligible gold products

To qualify for SIPP investment, gold must meet HMRC's definition of investment gold: minimum 995/1000 purity for bars, or meet specific coin criteria. Not all gold coins and bars qualify.

Gold bars — qualifying criteria
  • Purity of at least 995 thousandths (99.5%)
  • Any weight accepted by the bullion markets
  • Produced by a LBMA-approved refiner
Gold coins — commonly eligible
Britannia (22ct or 24ct, 1oz) Eligible
Sovereign (full, half, quarter) Eligible
Krugerrand (1oz) Eligible
Canadian Maple Leaf (1oz, 99.99%) Eligible
American Eagle Not eligible
Collectible/numismatic coins Not eligible

Eligibility is ultimately determined by your SIPP trustee and HMRC rules. This list is a guide only. Contact us to confirm specific product eligibility.

Browse gold products
Important: this is information, not advice

Bleyer Bullion is a precious metals dealer, not a regulated financial adviser. The information on this page is provided for general guidance only and does not constitute financial advice. Pension rules are complex and personal circumstances vary. You should seek independent financial advice from an FCA-authorised adviser before making any pension investment decisions. The value of physical gold can fall as well as rise.

Interested in a gold pension?

Our team can walk you through the process and help you identify eligible gold products for your SIPP.