We look after your pension needs allowing you to do what you do best.
Morgan Lloyd can establish a SSAS in a number of different ways:
Most new clients will have received financial advice recommending the use of the SSAS in their business and personal wealth management strategy. Morgan Lloyd work closely with Clifton Consulting Ltd, who advise nationwide on pension led business funding. Setting up a new scheme with Morgan Lloyd is simple. This set up can often be completed within a couple of weeks, allowing existing funds to be transferred, or for contributions to be made into the new scheme.
With a registered scheme in place, investments can then be made.
In the case of an existing SSAS, Morgan Lloyd can take over the administration of this scheme with relative ease. An adviser from Clifton Consulting Limited will be able to assess individual needs and determine that the SSAS is functioning correctly.
On receipt of the necessary authorisations, Morgan Lloyd can approach the existing Trustee company and ensure the takeover process is smooth and efficient. Morgan Lloyd offer competitive fees and a bespoke service.
Setting up a SSAS is simple. The documents that we require and the current process is outlined below:
Following the advisory processes carried out by the adviser, in order to set up a Morgan Lloyd SSAS we require the following documents to be signed by the Trustees and Principal Employer:
On receipt of the above, Morgan Lloyd will do the following:
The SSAS establishment process can be completed within 2 days of receipt of the documents and the bank account will be able to receive funds immediately. Outgoing payments and online access facilities should be available within 5-7 days.
This information reflects the regulatory and taxation situation as it affects pensions at the time of publication in April 2017 and is provided to the best of our knowledge. It is not a complete representation of the pensions legislator landscape and is for guidance and information purposes only. We cannot be held responsible for any errors, omissions or subsequent legislative changes.
For further information on your pension scheme administered by Morgan Lloyd, or any enquiry, please do not hesitate to call and one of our team members will be happy to helpView more