Welcome to the home of market leading SIPP and SSAS solutions
InvestAcc Pension Administration Limited is a specialist SIPP and SSAS provider, working with Independent Financial Advisers throughout the UK.
The Minerva SIPP is operated by InvestAcc Pension Administration Limited and was launched in 2003 to offer a more flexible approach to retirement planning, together with an efficient and personal service.
At the heart of the Scheme is the Newcastle Building Society Easy Access account, which pays one of the highest SIPP deposit interest rates available (although investors are free to choose an account with this, or any other UK authorised deposit taker).
The scheme allows a wider choice of investment over traditional insurance company pension plans, including Commercial Property, Unit Trusts and OEICs, and individual Stocks and Shares.
The Flexi SIPP - was launched in November 2011 as a market leading offering in the Family SIPP market. It involves establishing a SIPP scheme, separately registered with HMRC, and is designed to make it particularly easy for groups of individuals to jointly own commercial property via their pensions.
InvestAcc SSAS is particularly useful for business owners who want to run their pension affairs alongside the business, taking advantage of legislation unique to SSAS.
For more information on SIPP and SSAS follow the links below:
Pension News
Update on Scheme Pensions
Tue, 13 Dec 2011 15:02:01 GMT
In our last news item we stated that we're not currently accepting applications for Scheme Pension from SIPP or SSAS arrangements. We have reviewed this position and are happy to say that we intend to start accepting Scheme Pension applications from Flexi SIPP members shortly. We won't be accepting Scheme Pension applications for members of SSAS arrangements however, as we believe that they are significantly affected by Pensions Act 2011.
Scheme Pension classifed as defined benefits
Tue, 22 Nov 2011 15:43:24 GMT
In early November, the Pensions Act 2011 received Royal Assent and became law. Shortly before enactment, some last minute amendments were made that altered the rules surrounding Scheme Pensions, making them classified as defined benefits, rather than money purchase. The changes appear to affect Scheme Pensions provided by SIPP and SSAS arrangements - increasing the costs and burden of running Scheme Pension through these vehicles.
Further reduction in Income Drawdown limits
Tue, 20 Sep 2011 10:13:25 GMT
The gilt yield (used to calculate the maximum income for Capped Drawdown) for September 2011 is at an all time low, meaning that maximum income for new Capped Drawdown cases in October will be squeezed even further. The effect of the new income limits introduced in April 2011, together with historically low gilt yields means that maximum income is around 30% lower now, compared to March 2011 (for a male aged 65).