Already have a SSAS?
If you already have a SSAS and, for whatever reason, are looking to change your existing SSAS provider, we can administer the SSAS takeover easily, with just a small amount of input from you.
The process
Upon completion of the relevant takeover forms, we will contact your existing SSAS and investment providers to get the transfer underway. Your existing investments will be registered to include our professional trustee and a new trustee bank account will be set up which you will be able to view online.
If you already have a bank account which is used to collect investment income such as rental payments, you can choose to keep this if you wish. We will be as flexible as possible to meet your requirements.
As well as the registration of assets, we will ensure that the important things continue like the paying of pensions, reporting to HMRC, progressing of new investments etc.
Throughout the process, you will have access to our proprietary online system which enables you to view your scheme. We will also keep you up to date with the progress of the takeover and will inform and update all regulators such as HMRC, TPR and the ICO.
We aim to complete a takeover within one month, often quicker, but it is dependent on your existing SSAS provider and the complexity of your investments.
If you would like to talk to us about the takeover of your SSAS administration, please call us on 01386 329840 or e-mail us.
SSAS repair
Occasionally, the administration of a SSAS can get to a point where it needs to be repaired to ensure that it meets HMRC regulations. Our team has plenty of experience in taking over SSASs that are in need of some TLC, and have the know-how to get them back into good working order.
If you feel your SSAS requires some repair work to put it into good order, please contact us.
