Provider warns on HMRC's 'sharpened' SSAS focus

Jenna Towler
clock

It should be mandatory for small self-administered pension schemes to have a professional trustee to avoid potential devastating tax charges, a provider has said.

Xafinity has called for urgent regulatory changes to mandate professional oversight as it said HM Revenue & Customs (HMRC) has sharpened its focus on the pension set-ups. It reported an increasi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Isio achieves 'record' year for risk settlement business

Isio achieves 'record' year for risk settlement business

Organisation predicts ‘sustained’ growth in BPA market

Holly Roach
clock 20 December 2024 • 2 min read
UK Pensions Awards 2024 - Winners' Supplement

UK Pensions Awards 2024 - Winners' Supplement

Celebrating excellence in pensions

Professional Pensions
clock 20 December 2024 • 1 min read
Consider higher NICs to provide a pension for self-employed, industry urges

Consider higher NICs to provide a pension for self-employed, industry urges

PP survey finds 54% of respondents back proposal put forward by the WPC in 2022

Martin Richmond
clock 20 December 2024 • 2 min read
Trustpilot