Martin Tilley: The 'worrying phenomenon' of investment-driven SSAS

Oversees hotels, airport parking and storage pods

clock • 4 min read

Martin Tilley returns to PA with a warning about the 'worrying phenomenon' of investment-driven SSAS, often promoted on social media, with potentially disastrous consequences...

It was back in 2013 in this very publication that I highlighted the issue of "investment-driven pensions". This is the scenario where an unregulated promoter sells an investment concept to an individual and targets their only source of available capital (their pension assets) as the source of investment funds. It was of course the promoter who in whose own interest they were working who inevitably benefited from investment sale through kickbacks and or commissions from the investment concept itself. This had been an increasingly worrying phenomenon that the Financial Conduct Author...

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

Young disabled people face £245,000 pension gap

Young disabled people face £245,000 pension gap

PensionBee research finds

Sophia Panayi
clock 27 May 2026 • 4 min read
Pension transfer times hit 10-day mark in early 2026

Pension transfer times hit 10-day mark in early 2026

First time since September 2024

Sophia Panayi
clock 26 May 2026 • 1 min read
MoneyHelper pension dashboard expected to launch in 2027/28

MoneyHelper pension dashboard expected to launch in 2027/28

Maps CEO says ‘significant’ progress has been made since schemes began connecting to ecosystem

Martin Richmond
clock 21 May 2026 • 2 min read