InvestAcc Pension Administration

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HMRC Pension Schemes Newsletter 119

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Temporary changes to pension processes as a result of coronavirus (COVID-19) Pension flexibility statistics Registration statistics Annual allowance calculator Managing pension schemes service – timeline update Read more

April 30th, 2020

Metro Bank plc – change to interest rate from 12th May 2020 (UPDATED)

Following two recent reductions in Bank of England base rates, Metro Bank plc have advised that there will be a reduction in interest rates for Minerva SIPP and SIPP Lite deposits. The new rate will be 0.0% AER (Annual Equivalent Read more

April 6th, 2020

at the office

Changes for new tax year 2020/21

Today marks the start of the new tax year, 2020/21; the following changes apply from today: Annual Allowance For relevant UK individuals under age 75, the standard Annual Allowance is £40,000 for those unaffected by the tapering rules or the Read more

April 6th, 2020

Contributions to new and existing plans – end of Tax Year arrangements

Despite the impact of new working arrangements due to Coronavirus / COVID-19, we remain open and able to accept new SIPP applications and contributions to existing ones, until 5 pm on Friday 3rd April. The following describes the arrangements and Read more

March 31st, 2020

Money Marketing Awards 2020 Finalists

We are delighted to have been shortlisted as finalists once again in the category of Best SIPP Provider at the Money Marketing Awards 2020. You can read more about the awards and other finalists here: https://moneymarketingawards.co.uk/2020_shortlist Thank you to all Read more

March 30th, 2020

HMRC Pension Schemes Newsletter 118

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Spring Budget 2020 Temporary changes to pension processes as a result of coronavirus (COVID-19) Annual allowance calculator Relief at source Managing Pension Schemes service GOV.UK updates Read more

March 27th, 2020

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*** IMPORTANT: Contacting us during the Coronavirus / COVID-19 outbreak ***

The UK Government has announced stringent measures to help curb the spread of coronavirus (COVID-19) restricting travel, enforcing working from home and support for businesses financially.  In response, InvestAcc has asked all colleagues to work from home until further notice Read more

March 26th, 2020

Our Offices

Statement on Coronavirus / COVID-19 (UPDATED)

With the World Health Organisation now classifying COVID-19, the disease caused by Coronavirus, as a Pandemic, we want to let you know that InvestAcc has long established business continuity plans which are continually being reviewed in the light of new Read more

March 17th, 2020

Budget Announcements – Tapered Annual Allowance rules from 6th April 2020

The Chancellor of the Exchequer, Rishi Sunak, made his first Budget Speech today in the House of Commons. The main change for pensions is an alteration to the complex Annual Allowance Tapering Rules, which affects high earners including many senior Read more

March 11th, 2020

HMRC Pension Schemes Newsletter 117

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Relief at source Guidance from The Pensions Regulator on Pension Scams Guaranteed Minimum Pension (GMP) Equalisation Newsletter – February 2020 You can also find a copy, Read more

February 28th, 2020

HMRC Pension Schemes Newsletter 116

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Pension flexibility statistics Pension Schemes Online service Managing Pension Schemes service Relief at Source – notification of residency status report for 2020 to 2021 Trust Registration Read more

January 29th, 2020

Managing Pension Schemes Service Newsletter

HMRC has released a newsletter covering developments for HMRC’s Managing Pension Schemes Service: Introduction Phase 2 timeline How you can help us Scheme administrator enrolment Giving access to the service to business tax account administrators and assistants Migration of pension Read more

January 14th, 2020