SIPP & SSAS

We are experts in SIPP and SSAS schemes. We advise operators, professional trustees, scheme administrators and independent financial advisers on all SIPP and SSAS legal issues.

Our experience means we understand how SIPPs and SSASs are structured and the important issues, enabling us to deliver clear commercial advice to help you achieve your aims.

We advise on scheme documentation, pensions tax and unauthorised payments, trustee duties, pension investments, policy and compliance. We also assist with complaints and disputes, including pensions tax disputes, and help to resolve them at an early stage where appropriate, saving money and time. We support clients on interactions with HMRC, The Pensions Regulator and the FCA.

We have deep knowledge of the SIPP and SSAS market, so we understand your business needs and have created innovative tools to help clients manage business risks.

We support with legacy FURBS and EFRBS schemes, including updates to scheme documentation.

• Advised an investment company on a new SIPP product and assisted with all the legal documentation, including trust deed and rules and other governance and client-facing literature, required to bring it to market.
• Advised on the purchase of a book of 5,000 SIPPs and SSASs, including due diligence on the book and advice on structuring the transaction to mitigate key risks for our client, including pensions tax risks, and engagement with the FCA.
• Leading discussions on behalf of our client, a pension scheme trustee, with HM Revenue & Customs regarding a dispute over the tax status of various investment assets. Dealing with protracted negotiations, culminating in an appeal to the First-tier Tax Tribunal and securing mitigated tax liabilities.