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US citizens in the UK · Institutions

Which NFU Mutual accounts accept US citizens

Last checked

NFU Mutual offers a pension to a US person, with strings.

If you already have an account with NFU Mutual, a second one there is usually the easier application, because NFU Mutual 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 with conditions 1

SIPPs

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Accepts with conditions
Updated

US persons: nothing published about US persons either way

A plain residence test and total silence on US citizenship: the key features say you can take one out if you are UK resident for tax, and the plan opens online without an adviser. The My Investments terms make residence an ongoing condition, reserving the right to close the account if you stop being UK resident and to close it without notice where the relationship might expose the group to action from a government or regulator. Silence is not a written welcome, so this is published unverified. Ask before you transfer anything in.

NFU Mutual insured funds · open online without an adviser

Account Terms The catch
Select Pension Plan
Annual fee
0.50% a year on the first £25,000, then 0.35% to £100,000, 0.30% to £500,000 and 0.20% above, banded across everything held on My Investments. Fund charges 0.10% to 0.99% on top
Dealing fee
None
Can hold
NFU Mutual unit-linked and with-profits funds, plus funds from selected providers. No direct shares.
Individual shares
No
 UK resident, and the applicant 18 or over: a parent or guardian can open one for a child under 18, who takes control at 18. From £50 a month or £1,000 as a lump sum, with transfers in from £5,000. Payments stop and the plan can be closed if you stop being UK resident.

Source: NFU Mutual Select Pension Plan key features, My Investments terms and guide to charges, 2026-09-24 NFU Mutual'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 .
Tax

SIPP US tax

The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.

 Tax

US-UK tax treaty

The US-UK treaty stops most double taxation, but the saving clause lets the US tax its citizens almost as if it were not there. What survives the clause.

 Tax

Form 3520

A UK pension held in trust can be a foreign trust to the IRS. Rev. Proc. 2020-17 exempts qualifying retirement trusts from Forms 3520 and 3520-A, on conditions.