InvestAcc Pension Administration

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Royal Mail Strike Action

We have been made aware that the Communication Workers Union plan strike action on the following dates, which will result in some disruption to the mail service: – Friday 26th August – Wednesday 31st August – Thursday 8th September – Read more

August 24th, 2022

InvestAcc participates in Inter-Professional Rounders Charity Tournament

On Thursday 18th August 2022, InvestAcc entered a team of 11 players into the Inter-Professional Rounders Charity Tournament, hosted by Handelsbanken. Team InvestAcc’s tournament came to and end as beaten semi-finalists on a very wet evening down at The Creighton Read more

August 19th, 2022

Interest rate increase from 1st August 2022

Metro Bank provides designated bank accounts for all Minerva SIPP and SIPP Lite customers. From 1st August 2022, the interest rate will increase from 0.40% to 0.55% (Annual Equivalent Rate). Interest is credited monthly.

July 28th, 2022

HMRC Pension Schemes Newsletter 141

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Legislation Day (L-Day) 2022 Relief at source — annual return of information for the tax year 2021 to 2022 Managing Pension Schemes service Accounting for Tax Read more

July 21st, 2022

Can I hold land in a SIPP or SSAS?

Over the last few years, we have seen a large increase in the number of enquiries about investing in land via a SIPP or SSAS pension scheme. Whilst these types of investment are generally permitted, there are some specific issues Read more

July 21st, 2022

InvestAcc finalists in Money Marketing Awards 2022

We are delighted to be finalists in the category of Best SIPP Provider at the Money Marketing Awards 2022. This is a tremendous achievement and is a credit to our team who have worked so hard to deliver market leading Read more

July 14th, 2022

HMRC Pension Schemes Newsletter 140

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Pension scheme arrears and interest including when equalising for Guaranteed Minimum Pension (GMP) Managing pension schemes service Accounting for Tax returns The Pensions Regulator’s blog on Read more

June 30th, 2022

Holding mixed use property in a SIPP or SSAS

One of the most common questions put to our property team is whether a pension scheme can buy a mixed use property, which has both commercial and residential elements. In this article, we explore what a mixed use property is, Read more

June 29th, 2022

Looking back on June 1992

As we approach the end of the month of our 30th year anniversary celebrations, we wanted to take a look back on what was happening in the UK and beyond in June 1992. Although so much has changed, many of Read more

June 29th, 2022

InvestAcc receives updated AKG financial strength rating

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

June 22nd, 2022

HMRC Pension Schemes Newsletter 139

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Relief at source – Annual return of information for 2021 to 2022 Digitisation of relief at source (RAS) Managing pension schemes service Accounting for Tax (AFT) Read more

May 31st, 2022

Residential property in a SIPP or SSAS?

One of the most common questions we are asked is whether you can hold residential property in a SIPP or SSAS? The answer may surprise you, as although the rule is generally that property or land must be commercial, there Read more

May 30th, 2022