Rowanmoor unveils first new pension

The company, which is the result of the management buyout of James Hay’s small self-administered scheme (ssas) business, says each ‘family pension trust’ scheme will be established as a separate trust by Cater Allen Pensions and will be individually registered with HM Revenue and Customs (HMRC). It says the scheme is designed so members will have separate arrangements within the scheme and full control over their own pension investments. However, the scheme also allows pooled funds within the trust, so members can join together to make specific investments, such as property, through one...