InvestAcc Pension Administration

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Cash deposit options

For some customers, an element of cash within their portfolio may be beneficial, particularly in the short term. With interest rates climbing, we are seeing a number of banks providing much more attractive rates. We allow the following deposit based Read more

November 16th, 2022

Gold Bullion investment limit change

Gold Bullion is an allowable investment within our pension schemes; investments can be made via specific accounts for pension scheme trustees which meet HMRC requirements. We previously applied a limit to the amount which could be invested in Gold Bullion, Read more

November 9th, 2022

HMRC Pension Schemes Newsletter 144

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Requesting a refund from Pension Schemes Services Pension flexibility statistics Registration statistics Pension Scheme migration Accounting for Tax (AFT) returns Managing Pension Schemes service — how Read more

November 3rd, 2022

Deadline for F and G rated properties in England and Wales

Following changes in the law, all rented commercial premises in England and Wales are now required to meet Minimum Energy Efficiency Standards. An Energy Performance Certificate (EPC) rates the energy efficiency of properties on a scale from ‘A+’ (most efficient) Read more

October 27th, 2022

Interest rate increase from 1st November 2022

Metro Bank provides designated bank accounts for all Minerva SIPP and SIPP Lite customers. From 1st November 2022, the interest rate will increase from 0.85% to 1.00% (Annual Equivalent Rate). Interest is credited monthly.

October 25th, 2022

SSAS loans – getting them right

A SSAS, or Small Self-Administered Scheme, is a special type of pension scheme, established by a sponsoring employer. Uniquely, a SSAS may make a loan to the sponsoring employer, or a participating employer. There are a number of regulations which must Read more

October 18th, 2022

HMRC Pension Schemes Newsletter 143

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Government’s Growth Plan 2022 Relief at source Paying charges Event Reporting You can also find a copy, along with previous newsletters, in the Technical Area of our dedicated Adviser Read more

September 30th, 2022

Interest rate increase from 1st October 2022

Metro Bank provides designated bank accounts for all Minerva SIPP and SIPP Lite customers. From 1st October 2022, the interest rate will increase from 0.55% to 0.85% (Annual Equivalent Rate). Interest is credited monthly.

September 29th, 2022

InvestAcc wins at the ILP Moneyfacts Awards!

InvestAcc won Best Pension Service for the third year running at the ILP Moneyfacts Awards 2022. We also were awarded ‘Highly Commended’ in the category of Best SIPP Provider and ‘Highly Commended’ for Best SSAS Provider. The trophies were presented Read more

September 23rd, 2022

Office closure – 19th September 2022

Due to the passing of Her Majesty Queen Elizabeth II and the subsequent announcement of her State funeral on 19th September 2022, as a mark of respect, InvestAcc’s offices will be closed and will reopen at 9am on the following Read more

September 13th, 2022

HMRC Pension Schemes Newsletter 142

HMRC has released its latest newsletter aimed at pension scheme professionals; topics covered are: Relief at Source Normal minimum pension age Migrating your pension schemes Accounting for Tax (AFT) returns New scams strategy from The Pensions Regulator You can also Read more

August 31st, 2022

Comparing SIPP and SSAS

As a firm which offers both SIPP and SSAS, we are often asked which is best. In this article we compare these products, which although very similar, have some significant differences. Why do we have two similar but different products? Read more

August 25th, 2022