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Displaying items by tag: SSAS News

Wednesday, 07 December 2016 11:10

Govt weighs new SSAS regulations to combat scams

The DWP is seeking suggestions on how it can stop SSASs being used in pension scams.
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Friday, 25 November 2016 10:22

Fears that SSAS could be victim of scam crackdown

A Financial Planning firm director fears genuine entrepreneurial investors maybe put off from using flexible pensions such as SSAS, following signals of a scam crackdown.
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During the summer, HMRC unexpectedly began challenging Sipp providers on whether net pension contributions can be made in specie, (that is, a change of legal ownership without sell/buy transactions).
Published in Comment and Blogs
Thursday, 17 November 2016 15:03

SSAS trustees win FOS case against advice firm

The Financial Ombudsman has ruled against an advice firm over investing in an unregulated collective investment scheme.
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Twice a year, every year for the last ten years, I have had the discussion with my peers about tax free cash, or to give it its correct legislative name, pension commencement lump sum, and if it will lose its tax free status in the next announcement.
Published in Comment and Blogs
Thursday, 08 September 2016 09:03

Mattioli Woods buys Sipp and SSAS firm for £2.2m

Mattioli Woods has acquired MC Trustees for £2.2 million.
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Curtis Banks Group achieved an operating profit of £1.631million and administered 67,161 Sipps in the six months to the end of June.
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2016 has been another year of consolidation in the Sipp industry, this can be seen as good or bad depending on who you are and more importantly, where the Sipps end up.
Published in Comment and Blogs
Talbot and Muir has acquired the Sipp and SSAS administration business of Attivo Group, for an undisclosed amount.
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Monday, 18 July 2016 11:59

Sipp and SSAS provider bought out

Sipp and SSAS Rowanmoor Group has been bought out, it has been announced.
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