Sipp and SSAS provider Rowanmoor has welcomed the move announced this week by HM Revenue & Customs to change the process for registering pension schemes.
Rowanmoor, the SSAS provider and Sipp and Family Sipp operator, has welcomed four new members to its Graduate Training Scheme: Lydia Hunt, Laurence Rafferty, Mark Meatcher and Steve Beaven.
HM Revenue & Customs says it is taking steps to tackle the increasingly sophisticated models being used by so-called pension liberation companies.
The Association of Member-Directed Pension Schemes (AMPS) - the Sipps and SSAS providers' body - has appointed James Hay's head of technical support Neil MacGillivray as chairman.
In his third blog for Sipps Professional, Andrew Roberts, chairman of the Association of Member-Directed Pension Schemes, says farewell as chairman of AMPS and looks at the importance of 'good faith.'
Bury-based pension trustee and scheme administrator Whitehall has called on pension planners to consider using SSASs rather than Sipps for company directors, business owners and their families, saying the benefits of SSAS are being overlooked.
Xafinity is warning that thousands of SSAS trustees could face fines from HM Revenue and Customs if their SSAS has been managed incorrectly.
Rowanmoor says it is seeing an increasing demand for SSASs as advisers explore new options for small business owners.
In his second monthly blog for Sipps Professional, Andrew Roberts, chairman of AMPS, looks at the issues surrounding Sipp and SSAS orphans.
MC Trustees is concerned about the popularity of so-called esoteric investments and their impact on investors and Sipp providers.