View more on these topics

James Hay produces first in series of SSAS guides

James Hay Consultancy has published a guide for investors who want to buy commercial property through a small self-administered scheme.

The guide is the first in a series of informative aids that the consultancy plans to produce to support advisers involved in the SSAS market.

Director David Seaton says buying property through an SSAS is tax-efficient, can inject cash into a company and build up a substantial retirement fund. The guide includes a case study to illustrate this.

Seaton says: “SSAS are a complicated process and there are many areas to consider. These include who exactly the trustees can transact with and what type of property can be invested in, as well as funding, VAT, liquidity and reporting requirements for the Inland Revenue.”

Intermediary Watson French managing director Stephen Watson says: “The whole aspect of property purchase by SSAS is full of mystery for many business people. This guide helps remove it.”


Life offices are lagging on fund performance

Most life company mutual funds are still languishing in the third or fourth quartile.Figures from Standard & Poor&#39s reveal that most funds run by life companies or their subsidiaries are lying in the bottom half of fund tables despite concerted efforts to reverse underperformance.Aegon has eight of its 13 funds in the fourth quartile and […]

North London PMI adviser joins forces with The PrivateHealth Partnership

Valerie Levene Private Medical Insurance Adviser in North London has merged with The Private Health Partnership, part of the Skipton Building Society group in a bid to reduce the pressures of increasing compliance regulation. The Levene business was set up in 1993, servicing more than 350 company healthcare schemes. Her business will take on The […]

Suite and sour

The Government and the Consumers&#39 Association are once more coming to blows over consumer protection in the financial services industry.The bone of contention is the amount of consumer protection that should be contained in the European Commission&#39s investment services directive, presently in draft form and designed to be the most dominant piece of regulation for […]

&#39Professionals prefer impartial fee-based advice&#39

Professionals have condemned commission-based advice in a survey carried out by True Financial Planning.The IFA questioned professionals listed in International Who&#39s Who and found that 94 per cent do not believe that a commission-based adviser&#39s advice would be impartial.Seventy-nine per cent said they would prefer a financial planning service to a financial advice service while […]

Converting pension savings to a retirement income…

Since last year’s reforms to pension legislation, a significant number of retirees have chosen income drawdown over purchasing an annuity. Income drawdown is more flexible than an annuity. However, it also increases the likelihood that individuals won’t be able to maintain their income throughout their lifetime. In this short video, we explain the risks that […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm