Our Due Diligence Information is available to download from the Library.
Please help us to retain the Best SSAS Provider Award for a further year by taking part in the Investment Life and Pensions Moneyfacts Awards 2013 poll.
The Rowanmoor Pensions SIPP is rated 5 Star by Defaqto in 2013.
This document includes the details, which may be required by third parties, to demonstrate due diligence when recommending Rowanmoor Group plc’s products and services.
We have held the title of Best SSAS Provider since the Investment Life and Pensions Moneyfacts Award’s inception in 2008. This year we are eligible for the Best SSAS Provider, Best SIPP Provider, Best Income Drawdown Provider and Service Beyond the Call of Duty Award.
The 5 Star Rating awarded by Defaqto means our SIPP provides one of the most comprehensive ranges of features and benefits, when compared to other SIPPs in the market.
> More details
> Industry Awards
> Due diligence information
Family SIPP: Flexible fund structure for personal and joint investments.
Are you a talented individual
interested in joining our
Graduate Training Scheme? > Details
Small businesses may have thought they had been thrown a financial lifeline, with the launch of the Funding for Lending scheme by the Bank of England and the Treasury back in July 2012. It was aimed specifically at solving the country’s small business and mortgage lending crisis. Under the £80billion Funding for Lending scheme, banks can borrow an unlimited amount of money for as little as 0.25 per cent as long as they maintain, or increase, their lending.
16 May 2013Rowanmoor Group plc has come third in the Best Retail Pension Provider category at the Financial News ‘Awards for Excellence in Institutional Pensions UK’ 2013. An independent judging panel of fifty industry practitioners vote electronically on shortlisted companies, which are selected following extensive, industry-wide research and the winner is determined by achieving the highest score.
10 May 2013Rowanmoor Group plc today announces an increase in new business figures for Q2 of its current financial year. The Group’s new schemes for the quarter were the second highest recorded; only beaten by last year’s record trading year. It also reveals the results of its new schemes analysis which show that advisers are increasingly recommending the Group’s products to clients.
10 May 2013Member-directed pension schemes continue to hit the headlines; perhaps not so surprising in an ever-evolving industry and particularly one that has only recently gone through fairly significant change.
26 April 2013A recent Defaqto report highlighted that of 81 SIPP operators, only 22 had a service charter, with just three publishing regular results. A little over two years ago we started publishing service standards and monthly performance figures for the Rowanmoor Pensions SSAS, SIPP and Family Pension Trust. Already confident that we were meeting our customers’ high expectations, it reassured us that we were delivering the quality service for which we have become known.
26 April 2013The FSA’s paper CP12/5, published in March 2012, proposed that “for all personal pension schemes, disclosure documents should include projections, effect of charges and reduction in yield information… …unless equivalent disclosure rules apply to all schemes, no matter how invested, consumers and advisers will not have the information they need to understand the costs and benefits applying to competing schemes and to identify an appropriate and cost-effective personal pension choice.”
5 April 2013Following the Chancellor’s Autumn Statement of 5 December 2012 and confirmation in the Budget on 20 March 2013, HM Revenue & Customs (HMRC) will now introduce legislation to increase the upper limit on capped drawdown from 100% to 120% of the ‘basis amount’, for drawdown pension years which began on or after 26 March 2013.
5 April 2013In an attempt to avoid muddling the pensions landscape further, the Chancellor has given the industry few surprises, only briefly touching on the subject of pensions during his Budget 2013 speech. However, the news that the Government will explore changes to pension investment rules to encourage the conversion of unused space in commercial properties to residential, could trigger the introduction of residential property in SSAS, SIPPs, and Family SIPPs.
22 March 2013New Government legislation for automatic enrolment into a workplace pension compels all UK employers to enrol eligible jobholders into a qualifying workplace pension scheme, which will have to meet new quality standards, including minimum employee and employer contributions. What may not be immediately apparent is that if an employee is enrolled into their employer’s scheme, any pension protection they may currently have under existing schemes, will be lost.
21 March 2013The FSA’s proposals for increasing the capital adequacy requirements of SIPP operators is a big issue for the SIPP industry, though there is general agreement that the capital adequacy regime should be reviewed and that minimum thresholds should be increased. Whilst we expect to meet the higher level of capital adequacy as proposed, this does not mean we fully endorse the FSA proposed method of calculation, in particular the link to assets under administration.
21 March 2013HMRC has recently advised that the Finance Bill 2013 will include draft legislation to amend the transitional arrangements for members switching from unsecured pension to capped drawdown. Under the new proposed legislation, transferring benefits from one registered pension scheme to another during a drawdown pension year which ends on or after 25 March 2013 will no longer trigger an automatic review on the following anniversary of their review date.
21 March 2013Investment Life and Pensions Moneyfacts is calling on intermediaries to help decide the winners of its Investment Life and Pensions Awards 2013. Please help us to retain our the Best SSAS Provider award for a further year by taking part in this poll. We are also eligible to receive votes in the categories of Best SIPP Provider and Best Income Drawdown Provider.
11 March 2013A new campaign targeting pension fraud was launched on 14 February 2013 by several agencies including The Pensions Regulator, HMRC the Serious Organised Crime Agency (SOCA) and the Pensions Advisory Service to help protect consumers and crack down on those pushing early access to pensions before the age of 55.
25 February 2013Rowanmoor Group plc will be freezing the Fees and Services for new Rowanmoor Pensions SIPP, SSAS and Family Pension Trust products introduced in 2013.
25 February 2013The Royal Bank of Scotland plc is the appointed bank for Rowanmoor Pensions SSAS, SIPP and Family Pension Trust transaction bank accounts.
These accounts are used to hold the cash funds necessary to run the plan, or scheme and there are no transaction charges. Other bank or building society accounts can be used for investment purposes.
The current interest rate is
0.12%pa
It is compounded and credited monthly (gross).
More details for:
SSAS | SIPP | Family Pension Trust
