We provide professional trusteeship which enables us to guide other trustees on their duties by sharing responsibility.
We can produce financial statements, submit tax returns and do general administration including helping to process investment transactions.
We are often engaged to help an existing set of trustees who want to distribute funds to the beneficiaries and then close down the FURBS.
As of 31 March 2016, we have over 175 FURBS in our portfolio.
Following a cut in base rate on 4 August for the first time since March 2009, we ask whether companies can now borrow more cheaply from SSASs as the minimum interest rate set by HM Revenue & Customs is linked to base rate?
The Chancellor of the Exchequer delivered his 2015 Budget speech yesterday. The speech included a few pensions-related points, some of which were expected as they had been previously announced or reported in last weekend’s national press.
The new pension freedoms are now part of UK legislation, with the Taxation of Pensions Act 2014 receiving Royal Assent on 17 December 2014. Here’s a quick helicopter view of the 78 pages of legislation.
As a result of tax advantage erosion, funds held within these types of trusts are now taxed in line with general trust rates.
The death benefits that can now be provided from SSASs and SIPPs are more tax-efficient and available to more classes of beneficiaries following the introduction of the Taxation of Pensions Act 2014 and the Finance Act 2015. This summarises the changes.
The Taxation of Pensions Act 2014 allows pension savers who have reached pension age to draw from their pension funds without limit from 6 April 2015. Our latest briefing note looks at income drawdown rules.
A raffle held at the Barnett Waddingham staff Christmas party has helped to raise additional financial support for Crisis at Christmas – the charity that aims to end homelessness and help change people’s lives for the better.
Barnett Waddingham has today announced that the number of properties under administration within its SIPP business has exceeded 1,000 for the first time.
Barnett Waddingham was named as a highly commended SSAS provider at the 2014 Investment Life & Pensions Moneyfacts Awards held at the Lancaster London Hotel on 25 September.