Advice

John, 45, is an office manager looking for protection. He has a £200 000 mortgage and two children that he has custody of following his divorce two years ago. He doesn't exercise and although he had an alcohol problem four years ago, he does not drink....

Question: A self-invested personal pension is invested in taxable property. What are the tax charges & subsequent rates & who is liable for each individual tax charge?

Question: Can a sipp buy shares in a company that is not its sponsoring employer?

Question: 'Part-time SSAS admins put schemes 'at risk' (IFA Online 29th May 2009). The story continues: 'HMRC has the power to levy a 55% tax charge on scheme assets......'

Question: I have clients with an Axa Sunlife 10 SSAS which was set up some time ago as the company were hoping to buy a property; the purchase didn't go ahead.

Question: As a SSAS provider ourselves, we feel the Budget's anti-forestalling measures penalise this type of arrangement inequitably. Most contributions are paid on an annual basis and, at present the legislation appears to offer no protection for...

Question: I have husband and wife clients (early 40's), both of whom are working directors of their company. They want to pay into a new plan, transfer other funds and borrow etc and purchase a commercial property off the husband and his father. My feeling...

Question: I have a client with a SSAS, with 5 family members in it. 2 parents and 3 children. The parents who have already been ear marked almost 80% of the current value of the SSAS which is predominantly farm land, wish to leave as much of the fund...

Question: I have a client who has a 500k fund in a SIPP accrued from previous employments. He has in the last 12 months set up a new ltd co with no existing pension provision. He is attracted by the idea of the employer loan back facility on a SSAS and...