Taking over a Small Self-Administered Scheme

If you are unhappy with the service and support you receive from your current provider or you feel you are paying too much, you can move to us. Transferring Professional Trustee and Scheme Administrator duties for a SSAS is not a pension transfer. It simply involves replacing these formal roles and notifying the relevant authorities and investment providers. This can reduce the amount of compliance required in moving the scheme.

Our Process

01 Appoint

We receive the completed application forms including a letter of appointment

02 Instruct

We correspond with the outgoing SSAS provider to complete the transfer

03 Re-Register

We liaise with the investment providers and relevant authorities to have the investment ownership transferred

04 Associate

The outgoing provider associates us with HMRC

05 Continue

The scheme continues to run as it did prior to our appointment

Our Process

01 Appoint

We receive the completed application forms including a letter of appointment

02 Instruct

We correspond with the outgoing SSAS provider to complete the transfer

03 Re-Register

We liaise with the investment providers and relevant authorities to have the investment ownership transferred

04 Associate

The outgoing provider associates us with HMRC

05 Continue

The scheme continues to run as it did prior to our appointment

Costs

Considerable savings can be made by transferring the administration of a SSAS to us.

The charges below are based on the takeover costs for a two member SSAS owning one property and a bank account:

	Whitehall Group (UK) Limited	Industry Average *
Takeover Fee	£500 plus VAT	£1,666 plus VAT
Annual Fee	£800 plus VAT	£2,156 plus VAT

* Based on the average headline rates of three of the top SSAS providers in the UK

For full details please see our Fee Schedule.