Capital Adequacy
Hartley Pensions Limited are in full compliance with the latest FCA capital adequacy rules that came into force affecting SIPP providers.
How it affects you ...A SSAS (Small Self Administered Scheme) is an employer sponsored occupational pension scheme designed to provide retirement and death benefits for its members in a tax efficient way. It is an HM Revenue & Customs (HMRC) Registered Pension Scheme under the terms of the Finance Acts and must have no more than 11 members, typically the company directors, family members and senior executives. The SSAS is established under a trust created by the employer appointing all members as trustees, who jointly make the investment decisions, along with Hartley Pensions Trustees Ltd as the scheme’s professional trustee. Hartley Pensions Ltd will draw up the scheme’s trust and rules for execution by all the relevant parties.
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