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Displaying items by tag: SSAS News

When Theresa May called a snap General Election in April, few would have envisaged the outcome resulting in a hung parliament and no Conservative majority.
Published in Comment and Blogs
Pensions are at the mercy of many areas of legislation and the unintended consequences of this seems to be hitting areas of pensions more and more and things get even more complicated.
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The head of a pensions body has pledged to work with regulators to “restore confidence” in SSAS.
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SSAS experts must use their knowledge and skill to help clamp down on scams.
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Regular readers may recall that my blog in November 2016 focused on HMRC unexpectedly challenging SIPP providers on whether net pension contributions could be made in specie, (that is, a change of legal ownership without any sell/buy transactions), and still receive tax relief.
Published in Comment and Blogs
A-Day on 6 April 2006 ushered in a new taxation regime for pensions, under the heading of Pension Simplification (no sniggering at the back, please).
Published in Comment and Blogs
Friday, 17 February 2017 13:20

'Stunned' AMPS says no to outlawing SSAS

The Association of Member-Directed Pension Schemes (AMPS) has rejected a call to outlaw SSAS schemes to cut down on pension scams and says it is “stunned” the idea has been proposed.
Published in Articles
Wednesday, 15 February 2017 12:19

Senior regulator wants ban on SSAS pension transfers

An executive director at The Pensions Regulator has called for pension transfers to SSAS to be banned.
Published in Articles
I have just been reading the appeal of an unauthorised payment charge on a Sipp member where an investment was made into a company and from this investment a loan was made to the member.
Published in Comment and Blogs
The industry body representing Sipp and SSAS providers has handed out a trio of Honorary Lifetime Memberships.
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