New SSAS

amarshall

I'm looking to set up a brand new SSAS. Initially there will be 2 members, probably increasing to 4 in time.

Our preferred SSAS administrator has stopped setting up new schemes and will only continue to manage their existing book so I've got to do some Due Diligence and find a new provider.

Does anyone have any SSAS DD stuff that they'd be willing share and/or any recommendations of decent administrators.

Thanks!

Andy

TomLloyd_Read

I've not done any DD as it isn't really something we do much of, so just some general comments about recent experiences. We do have a couple of clients with SSAS, and the administrators of both seem to be pretty good. One has recently moved to Intrusted Pensions (some ex senior Mattioli Woods guys set this up a few years ago), and the other is with Day Cooper Day, both of whom offer SSAS and nothing else.

I have had a few meetings with InvestAcc about their SIPP and feedback from a mate (and others I have spoken to in the past) suggests they have been really excellent, and they also offer a SSAS so might be worth looking at.

The conversations we had with Intrusted were interesting, in so far as they said the market is contracting into smaller, specialist providers, and the big SIPP groups really aren't interested or in most cases, do not have the required flexibility and experience the members require.

richallum

@amarshall Hi Andy. have a look at Barnett Waddingham (supporter of Paraplanners Assembly). This is their bag and I can put you in touch with the right people if you'd like to discuss it with them.

amarshall

@richallum said:
@amarshall Hi Andy. have a look at Barnett Waddingham (supporter of Paraplanners Assembly). This is their bag and I can put you in touch with the right people if you'd like to discuss it with them.

Thanks Richard. Will do