Rowanmoor Pensions announces outstanding Q1 results

Rowanmoor Pensions announces its new business figures for the first quarter (Q1) of its current financial year; showing an overall increase across its products of 151% and outstanding SIPP sales, which are 210% higher than Q1 last year.

17 January 2012

NEST pension scheme administration services

In less than 12 months, new Government requirements for employers to automatically enrol eligible jobholders into a qualifying pension scheme will start to roll out.
Rowanmoor Pensions, with its proven track record for providing quality pension administration, is offering new services for businesses who decide to use the NEST pension scheme to meet their new responsibilities.

Find out how we can help.

21 December 2011

Relaxation of carry-forward rules means new contribution opportunity

On 25 November Her Majesty’s Revenue and Customs (HMRC) published a change to its interpretation of how carry-forward is calculated. The change in calculation method is a positive change as it potentially increases the tax relievable contribution that can be paid using the carry-forward facility.

13 December 2011

Review of the year 2011; challenges and triumphs

2011 has been a busy year for the pensions market and for Rowanmoor Pensions. There were many changes to pensions regulations affecting SSAS, SIPP and Family Pension Trust (Family SIPP) throughout the year. These changes, and the issues arising from them, led to new challenges and new opportunities for pension savers and their advisers. Here are just some of the highlights of the past 12 months.

7 December 2011

Rowanmoor Pensions calls for the DWP to act quickly on Pensions Act regulations

Rowanmoor Pensions is calling for the Department for Work and Pensions to act quickly to bring in regulations to avert the unsustainable and time-consuming bureaucracy that will result unless SSAS are made exempt from new requirements under the Pensions Act.

5 December 2011

Fixed Protection deadline approaching

The lifetime allowance is reducing from £1.8 million to £1.5 million with effect from 6 April 2012. With the lifetime allowance being reduced, there is an opportunity to apply for lifetime allowance protection called fixed protection. Fixed protection preserves the lifetime allowance at the current level of £1.8 million.

30 November 2011

Money Marketing launches service standards monitor for IFAs

Money Marketing is launching a service monitor aimed at tracking provider service standards across the financial services industry. As the first SIPP and SSAS provider to publish its service standards results on a monthly basis, we support initiatives designed to highlight the quality and transparency of service provision in the industry.

30 November 2011

Scheme pensions for SIPPs and SSASs and the Pensions Act 2011

There are a host of regulations in place, such as scheme funding requirements and the Pension Protection Fund levy, designed to ensure that benefits promised to occupational pension scheme members are protected. Defined benefits schemes have to comply with these regulations but in general money purchase schemes do not have to, as they do not provide a promised benefit.

30 November 2011

2012 Predictions from Rowanmoor Pensions

“2011 has been a busy year for the pensions industry. Whilst hoping for a period of calm, there will no doubt be yet more change in 2012.” Ian Hammond, Managing Director at Rowanmoor Pensions, comments on the prospects for the pensions market in 2012.

21 November 2011