UK Customers Can Now Hold Gold in their Personal Pension

2 October 2007 - GoldMoney today announced that there is now a new and tax efficient way for UK customers to hold their gold.

GoldMoney has worked with its UK partner, Berkeley Burke & Co Ltd, to create a Self Invested Personal Pension ("SIPP") which is designed especially for holding gold.

This new SIPP product is designed to work seamlessly with GoldMoney's facilities for dealing in and holding gold. One of the key features is that customers will be able to transfer existing holdings of gold at GoldMoney into the SIPP by way of an in-specie transfer, subject to having sufficient UK taxable earnings. Customers can then buy more gold with the tax that Berkeley Burke can reclaim on the value of the in-specie transfer at either 22% or 40%, depending on each customer's personal circumstances. This is an exclusive arrangement between GoldMoney and Berkeley Burke & Co Ltd.

James Turk, founder and chairman of GoldMoney explained: "We know that our customers like the ease with which they can purchase and hold gold at low cost, which we then store for them in secure, allocated storage. Now our customers in the UK can take advantage of these features in their SIPP."

Gareth Roberts, Business Development Director of Berkeley Burke, added: "This new product offers a tax efficient way to own and hold gold. Customers based in the UK can buy more gold with the tax that can be reclaimed on contributions into their personal pensions, depending on their personal circumstances."

More information about this new SIPP product is available at: http://goldmoney.com/en/gold-sipp.html

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GoldMoney, the inventor of digital gold currency, is combining 21st century technology with the world's oldest money - gold - to make the online purchase of gold and silver safe, convenient and economical. Not only is GoldMoney the fastest growing digital gold currency, it is also the largest. Its regular audits and governance procedures have set the industry standard. These advantages have made GoldMoney a world leader in the buying and selling of gold and silver bullion. Anyone can use GoldMoney to build their savings and secure their wealth by owning pure gold and silver that is insured and stored safely and conveniently for them in a specialised bullion vault near London, England. GoldMoney services can be accessed at GoldMoney.com.

Berkeley Burke & Co Ltd was established in 1973 with the aim of providing the very best service and advice. This principle has underpinned their growth into one of the UK's top 10 Independent Financial Advisers and Pension Administrators. Berkeley Burke & Co Ltd is authorised by the UK's Financial Services Authority as a personal pension scheme operator and pension adviser.

For information about Berkeley Burke & Co Ltd contact:
Gareth Roberts
Berkeley Burke & Co Ltd
goldmoney@berkeleyburke.com

Anthem Blanchard
Manager of Strategic Development & Marketing
info@goldmoney.com

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