Knowledge & Technical

Budget 2014 – Getting Flexible

25 Mar 2014

One of the first changes to take effect from the 2014 Budget will be the reduction in the minimum income requirement (MIR) for flexible drawdown. […]

Focus 93 – Pension reforms announced in Budget 2014

19 Mar 2014

Today’s Budget saw major announcements of changes to the way people can take defined contribution benefits at retirement. From 27th March 2014 Flexible drawdown minimum […]

Focus 92 – Death benefits and illiquid assets

28 Feb 2014

One of the concerns many people have when investing in illiquid assets such as commercial property is what would happen if the client were to […]

Focus 91 – New year, new planning opportunities

15 Jan 2014

With the start of 2014 under our belts the next focus point is really the end of the tax year. Yes it is nearly 3 […]

Focus 90 – Individual Protection and Pension Debits

21 Dec 2013

In June 2013 a consultation document was issued by HM Revenue & Customs regarding the implementation of Individual Protection 2014 (IP14) in association with the […]

FOCUS 89 – Bypass trust update

28 Nov 2013

Earlier this year, HMRC issued a consultative document, with a view to “simplifying” the way in which Inheritance Tax is calculated. If the changes were […]

FOCUS 88 – New SSAS registration rules

31 Oct 2013

In a bid to stop pensions liberation, HMRC has tightened its scheme registrationprocess, resulting in SSAS providers having to apply for registration rather than it […]

Annual allowance and carry forward guide

1 Jun 2013

Download PDF version The Annual Allowance The annual allowance for pension contributions was introduced on 6th April 2006, and was increased gradually from £215,000 up […]

Property purchase guide

5 Apr 2013

Download as PDF Investment regulated pension schemes (such as SIPPs and SSASs) can purchase certain types of real estate, either from the scheme member or […]

In specie contributions guide

5 Apr 2013

Download PDF In addition to making a contribution to a pension scheme in cash, it is also possible to make a contribution in the form […]

Bypass trusts

5 Apr 2013

Download PDF The bypass trust allows for members with a SSAS or SIPP (for which TM Trustees Ltd act as independent trustee) to nominate that […]

SSAS Loanbacks

1 Apr 2013

Download PDF Under most circumstances loans from registered pension schemes to the scheme member or any party connected to them (as defined under section 839 […]