Martin Tilley

Martin Tilley: Keeping on top of Sipp proposition dilution

Knowing what assets each operator will accept and with what conditions is becoming increasingly difficult The recent well-publicised events concerning Sipp operator asset acceptance have focused the mind of a number of advisers. We have been fielding enquiries about our own Sipp and the asset classes we as a Sipp operator would consider. But this […]

Martin Tilley: The carry forward conundrum

There are numerous trip hazards with carry forward but more clients will want to be looking at it Many believe the annual allowance will be fair game for the chancellor soon, as one of the least painful and least complex reductions in cost to the Treasury. As such, the need to contribute while clients can and […]

Martin Tilley: Get the right pension scheme protector

A recent court case highlights the importance of a deep understanding of pension legislation and company law As a small self-administered pension schemes practitioner of nearly 40 years, we have always maintained the need to keep a tight ship. When dealing with legislation surrounding tax-exempt funds there should be no shortcuts, as errors and omissions […]

Missed Budget opportunities leave advisers in the lurch

The world of financial services, and the pensions industry in particular, stood in anticipation of the outcome of the Spring Budget. Was Chancellor Philip Hammond going to make a name for himself with a bold and forward thinking plan?  Or was he going to follow in the footsteps of his predecessor and continue with the […]

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Martin Tilley: Fielding client questions on the annual allowance

The threat of reductions to the current tax- relieved pension savings allowance and the fast approaching end of tax year mean many people’s thoughts will be turning to last-minute contributions. In relation to this, a common question from clients is: “What is my annual allowance?”. My reply is: “How long have you got?” As we […]

Martin Tilley: Why 2017 could be the year of the SSAS

As advisers and providers focus on their growth strategies for the year ahead, thoughts turn to what was successful over the last 12 months. One area of growth was new SSASs. But we may be seeing changes on the horizon. 2016 is likely to be remembered as the year the regulator got tough on scammers. […]

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Martin Tilley: Time to tighten the rules on SSASs

Earlier this month, we were contacted by someone enquiring about our SSAS trustee and administration services. The individual in question explained he was receiving a pension from his previous employer’s scheme but also had an undrawn Sipp invested in regulated assets to the value of around £200,000. He did not need the funds for retirement […]