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Author profile

Scott Sinclair

Scott Sinclair

Scott has been editor of Professional Adviser since 2010.

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Articles by Scott Sinclair

Regulation

RDR: A mixed report card

Although a number of IFAs, including its trade association AIFA, spoke glowingly of the key proposals in yesterday's RDR Consultation Paper, not everyone agreed.

clock 26 June 2009 •

uncategorised

Ask the Experts: Can a sipp buy shares in a company that is not its sponsoring employer?

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

clock 22 June 2009 •

uncategorised

'Part-time SSAS admins put schemes 'at risk' (IFA Online 29th May 2009). Well they would say that wouldn't they?

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......'

clock 10 June 2009 •

uncategorised

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: 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.

clock 09 June 2009 •

uncategorised

As a SSAS provider ourselves, we feel the...

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...

clock 08 June 2009 •

uncategorised

I have husband and wife clients (early 40's), both of whom are working directors of their company.

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...

clock 05 June 2009 •

uncategorised

I have a client with a SSAS, with 5 family members in it. 2 parents and 3 children...

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...

clock 04 June 2009 •

uncategorised

I have a client who has a 500k fund in a SIPP accrued from previous employments.

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...

clock 02 June 2009 •

uncategorised

What is the estimated time between payment of a contribution and its investment?

Question: What is the estimated time between payment of a contribution and its investment? How does this compare with the similar existing European schemes?

clock 26 May 2009 •

uncategorised

Do we yet know the criteria that existing GPP's etc., will have to fulfill in order to be exempt from having to offer Personal Accounts?

Question: Do we yet know the criteria that existing GPP's etc., will have to fulfill in order to be exempt from having to offer Personal Accounts?

clock 22 May 2009 •
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