The Chancellor, Jeremy Hunt, made his Autumn Statement for Growth on 22nd November 2023. There were several areas which affected pensions, which was a surprise given the absence of reference to them in the King’s Speech, which was delivered earlier Read more

Customers with Interactive Investor Pension Trader Accounts (PTA) will have received several communications from them regarding the closure of the PTA accounts. Interactive Investor has written to us again, to confirm the additional administration fee of £30 per month has Read more

SIPP and SSAS customers benefit from our banking arrangements, with competitive interest rates and terms. The following range of Fixed Term Deposits from Metro Bank plc is available to Minerva SIPP and SIPP Lite customers, and some SSAS customers. Note Read more

UPDATE: The response to the Department of Work and Pensions consultation was published on 4th March 2024. The excellent news is that the proposed £10,000 levy for SSAS will not apply. https://www.gov.uk/government/consultations/the-occupational-and-personal-pension-schemes-general-levy-regulations-review-2023 Here is our original article: Earlier this month, Read more

Metro Bank provides designated bank accounts for all Minerva SIPP and SIPP Lite customers and trustee bank accounts for some SSAS customers. From 1st November 2023, the interest rate will increase from 2.50% to 3.25% (Annual Equivalent Rate). Interest is Read more

SIPP and SSAS customers benefit from our banking arrangements, with competitive interest rates and terms. The following range of Fixed Term Deposits from Metro Bank plc is available to Minerva SIPP and SIPP Lite customers, and some SSAS customers. Note Read more

AKG Financial Analytics Limited has published an updated financial strength report on InvestAcc, recognising the continued growth in our business and our prudent approach, maintaining our B- financial strength rating. A copy of the full report is available from us, Read more

Following our news article last week, we note developments over the weekend, including Metro Bank’s announcement to the market, made last night: https://www.metrobankonline.co.uk/globalassets/metro-bank-announcement—08082023.pdf In summary, Metro Bank confirms that it has secured a successful capital package that will allow it Read more

We are aware of press speculation around Metro Bank, and its share price. Metro Bank provides core banking arrangements for Minerva SIPP and SIPP Lite members and for some SSAS schemes. Metro has established itself as a forward-thinking modern bank, Read more

A SIPP is uniquely placed to facilitate access to a wide range of investments within one pension plan. Over time, we see that certain investments gain and lose popularity, depending on market conditions and product innovation. Choosing the right SIPP Read more

InvestAcc has won Best SIPP Provider and Best Pension Service at the ILP Moneyfacts Awards 2023. We also were awarded ‘Commended’ in the category of Service Beyond the Call of Duty. The trophies were presented at a glittering ceremony held Read more

For those following our journey, we are pleased to announce that we now service over 11,000 pension scheme members. We would like to thank everyone who has helped us reach this milestone, including our dedicated team, financial advisers and of Read more