Category: SSAS

Redswan’s SIPP & SSAS Awarded 5* Again in the Moneyfacts 2018 Awards

We are delighted to announce once again that the Redswan SIPP & SSAS have each achieved the maximum rating of five stars in the Moneyfacts 2018 awards. This is the second consecutive year they have been rewarded this prestigious accolade. NB: please note that this is not an assessment or indication of the suitability of […]

Moneyfacts 5* Awards for Redswan SIPP & SSAS in 2017

We are delighted to announce that the Redswan SIPP & SSAS have each achieved the maximum rating of five stars in the Moneyfacts 2017 awards. NB: please note that this is not an assessment or indication of the suitability of our products to your personal circumstances, for which we always recommend the use of an […]

Important – Reduction of Pensions Lifetime Allowance

If your pension savings are worth – or are likely to be  – more than £1 million you may need to protect your pension savings from the lifetime allowance tax charge. What is the lifetime allowance? The lifetime allowance is the amount of savings you can take from your pension schemes without facing a tax charge. […]

Important Changes from 6 April 2015 on Taking Benefits

There has been a great deal of media comment about the sweeping pension changes coming in April over the way you can access your pension savings. We just want to take a moment to clarify some of the hype. 1. The Current Position 1a) Taking Benefits Presently, you have to be at least 55 years old when you want […]

Budget 2014 Important Changes to Pensions

The Chancellor announced a number of important changes in this year’s Budget: increasing the maximum income from 120% of the Government Actuary Department’s (GAD) table to 150%; the minimum income requirement for flexible drawdown is now £12,000; a maximum of 3 (previously 2) small pension pots up to £10,000 (previously £2,000) can be taken as […]

The Chancellor’s Autumn Statement – Increase to State Pension Age

The impact of increased longevity: people now in their 40s to have a state pension age (SPA) of 68, with those currently in their 20s a possible (probable?) SPA of 70. From breaking  BBC News.

Fixed Protection 2014: IMPORTANT, Action may be Required by 5/4/2014

With effect from 6/4/2014 the Lifetime Allowance (the amount you are allowed to accumulate tax-free in UK pension schemes) is being reduced from £1.5m to £1.25m. To protect those with pension funds that exceed – or are likely to exceed – £1.25m, another form of protection has been introduced, called Fixed Protection 2014, which preserves […]

Website Revamped

Today, our website gets a complete overhaul to give it a more modern, “cleaner” look. The change wasn’t purely cosmetic, though. We are now able to speedily post news / update the site ourselves and integrate it with feeds to our Twitter & Facebook pages. The aim is to be more proactive in bringing salient information […]