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Rowanmoor Group has decided to reduce investment approval service timescales for its SSAS and Family Pension Trust schemes.

Key advisers in the Sipp and SSAS market have strong concerns over providers hiking their fees, according to research.

Advisory group Taylor Patterson has launched a new range of lower cost SSAS products in response to the "rising costs and onerous administration requirements" of winding up SSAS pensions.

SSAS provider Rowanmoor Group has signed up to the Options Transfers service provided by Origo, the eCommerce standards and services body for the financial services industry.

A SSAS provider believes the sweeping changes to pensions in the Budget will lead to more people taking their retirement income early and therefore increase the reliance on the state pension.

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