Publisher's Synopsis
Formerly known as SSAS-SIPPS-FURBS, this new edition has been totally restructured to cover all aspects of the new simplified tax regime for tax-advantaged schemes coming into force on A-Day, with particular emphasis on senior executives and other high earners. The important transitional protection for accrued rights is examined so that advisers can ensure that their clients do not unnecessarily lose their expectations and entitlements as a result of the changes. The book also covers the wider implications for persons who have previously been in unapproved pension products and those who were barred from UK approved scheme membership and transfers because of their overseas status. There are some very welcome and important relaxations in the area of investment activity, transferability etc. These matters are explored in detail, together with the implications for small schemes and non-registered schemes for the future, and the impact for persons who have previously been in FURBS and UURBS as a means of topping up their approved pension provision.
