Pension provider Rowanmoor has waived the set-up fees on its small self-administered schemes (SSAS), for both new and transferred schemes.
The offer is available between 1 October 2017 and 31 March 2018. It applies to new schemes being set up as well as those transferred over from another scheme. There is also the option to reduce the cost of legal fees when transferring in, the firm said. Without the offer, Rowanmoor charges £1,200 for setting up schemes as well as a £135 fee per member. On transferred schemes the sum is made up of an £800 fee for the takeover and a £400 investigation fee. In July last year, Rowanmoor was acquired by Embark Group, which is also the owner of its rival Hornbuckle. Embark Group di...
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