Displaying items by tag: SSAS News

SSAS administrator and tax adviser WBR Group has acquired the small self-administered pension scheme (SSAS) book of Standard Life for an undisclosed sum.

As we near the end of the year and look forward to 2025, it’s difficult not to reflect on the year to date. 2024 presented new challenges for the pension industry, most notably in respect of the implementation of the lifetime allowance abolishment and more recently, the announcement that from 2027, ‘unused’ pension benefits will be subject to inheritance tax.

Independent SSAS provider WBR Group has appointed Caitlin Southall to the newly-created role of head of SSAS proposition.

Leicester-based WBR Group, a provider of SSASs and tax advice, has acquired SSAS administrator NM Perris & Co Ltd.

SSAS provider and tax adviser WBR Group has appointed corporate lawyer Roy Botterill as director of law.

As the England cricket team play their last home test series of the summer, I am reminded of a term popularised by the former England batsman Geoffrey Boycott.

The Financial Services Compensation Scheme has opened an investigation into failed DFM and SSAS investment firm Central Markets Investment Management (CMIM) Limited.

Small self-administered schemes (SSASs) turned 50 last year and it is fair to say that their popularity and endorsement has been mixed over that period.

In my last article for SIPPs Professional, I focused on the role of the professional trustee and outlined the fiduciary responsibilities cast upon them as emphasised by the Pensions Ombudsman (TPO) in its case PO-256984.

In his latest column for SSAS expert Martin Tilley looks at the polarisation threat to the SSAS market.