Displaying items by tag: SSAS News

SSAS providers have hailed a victory as the Department of Work and Pensions has ditched a plan to potentially charge SSAS schemes a £10,000 general levy.

In his latest column for SIPPs Professional, SSAS expert Martin Tilley looks at why the DWP may be damaging the SSAS sector with a lack of clarity on its £10,000 General Levy plan. 

SIPP and SSAS provider body the Association of Member-Directed Pension Schemes (AMPS) has called on the DWP to announce a timetable for decisions over the future of its general levy.

In his latest column for SIPPs Professional, SSAS expert Martin Tilley looks at SSAS misundertanding (for professional advisers only).

In his latest column for SIPPs Professional, SSAS expert Martin Tilley looks at some potential SSAS investment gems (for professional advisers only).

It is now two years since new pension transfer regulations were brought in to help the fight against fraudsters. The new rules give pension scheme trustees the power to stop transfers if they think the member is at risk of being scammed.

Small Self-Administered Schemes – SSASs – are the original self-invested pension. The first schemes written will be approaching the big 50 in the next couple of years. They have almost two decades on the new kid on the block that is SIPP.

In his latest column for SIPPs Professional, SSAS expert Martin Tilley rebuffs the idea that a proposed increase to the DWP levy may kill off the SSAS market. 

The Association of Member-Directed Pension Schemes (AMPS), the industry body for SIPP and SSAS providers, has voiced “deep concerns” about a big proposed rise in a DWP pension scheme levy which could hit SSAS providers and other small pension scheme in the pocket.

This month's Martin Tilley Column is written by colleague Alan Godbeer as Martin is taking a short break.