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

Planning ahead of IHT changes: Using pensions to support charities

Planning ahead of IHT changes: Using pensions to support charities

Practical planning steps for advisers

Pooja Shah
clock 16 April 2026 • 5 min read
FCA to take action against Hartley Pensions and involved individual

FCA to take action against Hartley Pensions and involved individual

Entered administration in 2022

Jen Frost
clock 15 April 2026 • 2 min read
From A-day to IHT: How government forgot the meaning of 'consultation'

From A-day to IHT: How government forgot the meaning of 'consultation'

'What is particularly galling is that there were viable alternatives'

Rachel Vahey
clock 14 April 2026 • 3 min read