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SIPP deposit account application is a form used to open a Self-Invested Personal Pension (SIPP) deposit account where individuals can hold cash or other deposits as part of their pension savings.
Individuals who want to open a SIPP deposit account are required to file the application form.
To fill out the SIPP deposit account application, individuals need to provide personal information, financial details, and choose the type of investments they want to hold in the account.
The purpose of the SIPP deposit account application is to establish a deposit account within a Self-Invested Personal Pension scheme for individuals to save for retirement.
Information such as personal details, financial information, investment choices, and beneficiary details must be reported on the SIPP deposit account application.
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