Business

SIPP & SSAS Group

BUSINESS OBJECTIVES ACHIEVED

We have a dedicated SIPP & SSAS Group at Forbes based in our Blackburn and Preston offices acting for various sizes of pension scheme administrators throughout the North West.

We have developed specialist expertise and efficient systems in a wide ranging number of SIPP & SSAS related topics for almost 10 years to assist our established pension scheme administrator clients and also individual clients working with a scheme administrator on a one-off basis.

Our experience includes:

Purchases and Sales (connected and unconnected)
Leases (connected and unconnected)
Declarations of Trust and Cross Option Agreements
In Specie Transfers
Property Hiving to remove residential property

We have a practical working relationship between member trustees and their financial advisers and chosen scheme administrator. This ensures that a cost effective and efficient service is always provided, allowing each transaction to proceed as quickly and as smoothly as possible.

Additional Information

Corporate

Advising SIPP's on the disposal of shares in a company
Drafting and advising on a range of security documentation including Authorised Employer Loans and Loan Agreements
Drafting ancillary documentation including board minutes and Companies House forms

Dispute Resolution / Debt Recovery

Enforcement procedures
Insolvency procedures
Handling cases where liability is contested
Advice on credit control procedures

Employment Law

Assisting organisations in the implementation of stakeholder, final salary, defined benefit and auto-enrolment schemes in the workforce
Advising on the interpretation of Scheme rules in matters of dispute;
Representation in Pensions Ombudsman proceedings;
Calculation and forecast of pension loss in complex litigated matters

Tax & Trust Law

Drafting bespoke "spousal bypass" trusts for members to nominate pension death benefits
Drafting bespoke trusts for minors or other vulnerable beneficiaries on the death of member
Acting as professional trustees in situations where funds are to be held on trust for benefit of minor or other vulnerable beneficiary on death of member
Advising Pension Fund Trustees on potential beneficiaries when members die without making a nomination
Advising on Estate Planning for members outside of their pension arrangements