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US citizens in the UK · Institutions

Which IPM Personal Pensions accounts accept US citizens

Last checked

IPM Personal Pensions has been checked for US citizens across 2 account types. Both are open to a US person (1 with strings).

If you already have an account with IPM Personal Pensions, a second one there is usually the easier application, because IPM Personal Pensions has already checked who you are. Each account below carries its verdict, the evidence behind it and the date it was last updated.

At a glance

Account type Verdict Accounts Updated
SIPPs Accepts US citizens 1
Junior SIPPs Accepts with conditions 1

SIPPs

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Accepts US citizens
Updated

The clearest yes on this page, and the only provider that names you outright: IPM lists Americans working in the UK with UK pension funds as a category it serves. It runs SIPPs in dollars as well as sterling and works with investment managers regulated on both sides who understand the PFIC problem UK funds create. The condition is a sensible one rather than an obstacle: it will not take a US client without a US tax adviser of your own appointed alongside.

FSCS £85,000 investment cover · direct in some cases, usually adviser introduced

Account Terms The catch
IPM SIPP
Annual fee
£580 a year plus VAT, with nothing to set up
Dealing fee
Nothing from IPM; your stockbroker charges its own
Can hold
Shares and securities on a regulated venue, funds, investment trusts, REITs, gold and UK commercial property. Investments and benefits can be held and paid in currencies other than sterling, including dollars.
Individual shares
Yes
 An investment administrator must be appointed. Non-standard assets cost from £600 plus VAT. IPM says it will accept a non-advised client in some circumstances.

Source: IPM guidance on clients with a US connection, 2026-08-17 IPM Personal Pensions's own page

Junior SIPPs

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Accepts with conditions
Updated

US persons: a US tax adviser appointed by the family

IPM's application form has a Legal Guardian declaration for an applicant under 18, so a parent can open the IPM SIPP for a child. IPM is also the most direct of these providers about US citizens: it names Americans working in the UK with UK pension funds as a client group it serves and can run the SIPP in dollars, but it will not accept a client with a US connection, child or adult, without a US tax adviser of the family's own appointed alongside it.

Account Terms The catch
IPM SIPP
Annual fee
£580 plus VAT annual administration fee, typically no fee to establish the SIPP
Dealing fee
not set by IPM; investments such as stocks and shares must be purchased through a stockbroker who holds them in a nominee account
Can hold
cash funds, exchange traded commodities, permanent interest bearing shares, real estate investment trusts, shares in investment trusts, units in regulated collective investment schemes, unquoted shares and commercial property
Individual shares
Yes
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Source: IPM SIPP application form and IPM guidance on working with clients with a US connection, 2026-09-11 IPM Personal Pensions's own page

Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.

Confirm your own position with a cross-border specialist. Acceptance policies and tax rules change, and your facts may differ from the general case. Rates and terms here are the provider's published figures rather than an offer, and the provider decides each application on its own criteria. Use this as a map, not a ruling. Last checked .
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