Tighter controls needed as SSAS targeted for pensions fraud

Dentons' director of technical services Martin Tilley says the firm has seen an increase in SSAS inquiries in recent months. Recently set up companies are setting up SSAS arrangements and getting rid of scheme administrators so there is no professional entity involved with the scheme. The company directors then act as trustees to the SSAS. "SSAS are a prime target for pensions liberation as there is no legislative catch to stop the company directors from doing whatever they want to do," says Tilley. "When we get enquiries through it's worth going on to Companies House website to ch...