Central Markets Investment Management (CMIM) Limited (FRN:475828) has been declared in default by the Financial Services Compensation Scheme (FSCS).

The SIPP and SSAS trade body Association of Member-Directed Pension Schemes (AMPS) said it has made progress in liaison with regulators and demonstrated that by having representatives from HMRC at its annual spring conference.

SIPP and SSAS provider InvestAcc has reported revenues increased 16.3% to £10.5m in the six months to the end of December, up from £9m in the same period in 2023.

In this special Guest Column for Financial Planning Today, SSAS expert Martin Tilley looks at the need for SSAS regulation and asks whether we are moving closer to new rules. Martin writes regularly for Financial Planning Today's sister website SIPPs Professional which can be viewed here: https://www.sippsprofessional.co.uk/

Financial Planners are seeing an influx of questions on the new pension scheme returns format required for small self-administered schemes (SSAS), according to a trade body.

SSAS administrator and tax adviser WBR Group has acquired the small self-administered pension scheme (SSAS) book of Standard Life for an undisclosed sum.

Leicester-based WBR Group, a provider of SSASs and tax advice, has acquired SSAS administrator NM Perris & Co Ltd.