SIPP & SSAS Legal Articles

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National Apprenticeship Week

10 Feb 2021

National Apprenticeship Week began on 8 February. This year's theme is 'Build The Future.' With 20 years of experience in progressing employees through apprenticeships, Forbes Solicitors has helped build futures and this year has been no different and has been as successful, despite the…

SIPP & SSAS

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A Question of Trust

26 Nov 2020

Many people are confused by trusts and think that trusts are just for the very wealthy. In reality, trusts can be a very useful way of providing for your family and protecting assets. What is a Trust? A trust is any arrangement whereby someone (the Settlor) gives money or assets (the Trust…

SIPP & SSAS

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Share Buybacks - Proceed with caution!

26 Nov 2020

An in-specie contribution is a viable alternative to transferring cash into a pension scheme, and can include assets such as property or shares. Problems can arise where the shares held in the pension scheme are bought back by the company for cash. A private limited company can make use of a…

SIPP & SSAS

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Update on impact of COVID-19 on SIPP and SSAS transactions - Q&A

02 Nov 2020

· Give the changing rules and regulations both nationally and locally, can a rent holiday still be agreed with a connected tenant company? As early as March 2020, HMRC announced that they would relax their usual requirements in respect of rent holidays (for an independent valuation…

SIPP & SSAS

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Legal Health Check

19 Aug 2020

The Covid-19 pandemic has prompted many people to review their situation and to make sure that their personal affairs are in order. If you want to give yourself a personal legal "health check" what should you be looking for? Will One of the most important documents that you can put…

SIPP & SSAS

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Pension scheme trustees and conflicts of interest

29 Jul 2020

There is a general rule of equity that trustees, just like all other fiduciaries, must not: · Place themselves in positions; or · Enter into transactions… …where there may be a conflict between their duty as a trustee and their personal interests and other…

SIPP & SSAS

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