In-specie contributions - points to consider

clock

Neil MacGillivray takes a look at in-specie contributions

Providing for retirement requires funds to be available for investment. Where times are hard financially it may still be possible to start or maintain pension funding. HMRC guidance confirms that contributions to a registered pension scheme must be a monetary amount. However, it is possible for an individual, or employer, to agree to pay a monetary contribution and then to settle this debt by means of the transfer of an asset or assets. This cannot be done by merely saying 'take this asset and whatever it is worth that is the contribution'. There is a clear obligation on the member/em...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Pensions

Warnings of 'damaging' pre-Budget pension speculation impact

Warnings of 'damaging' pre-Budget pension speculation impact

Commentators say speculation on pension issues has negatively impacted saver confidence

Jasmine Urquhart
clock 27 November 2025 • 3 min read
No change to tax-free lump sum is 'welcome' move

No change to tax-free lump sum is 'welcome' move

The chancellor chose to leave the tax-free lump sum unchanged in the Autumn Budget

Holly Roach
clock 27 November 2025 • 3 min read
Budget 25: Pensioners caught in frozen threshold tax trap see 'small bills' written off

Budget 25: Pensioners caught in frozen threshold tax trap see 'small bills' written off

‘Absurd situation’ caused by frozen thresholds and triple lock commitment

Jenna Brown
clock 26 November 2025 • 3 min read