During the committee's regular FCA call today, we were informed that the FCA are undertaking a re-run of their liquidity survey. The survey will be issued from Tuesday the 12th onwards, is mandatory and firms have 15 working days to complete the survey. The committee...
AMPS appoints new chairman
The Association of Member-Directed Pension Schemes (AMPS), the trade body for SSAS and SIPP providers, today announced Andrew Roberts of Barnett Waddingham LLP as its new Chairman.
On his appointment, Andrew Roberts said “I am pleased to be given the opportunity to represent the members of AMPS and to continue the good work of my predecessors. Our focus this year will be to continue to work closely with HMRC and the FSA so that the underlying pension investors can have confidence in the self invested pensions industry.
The economy depends on the success of small to medium businesses and many of these rely on the support of their directors’ pension schemes no more so than during such tough economic times. AMPS lobbied the previous Government to allow more use of SSAS and SIPP funds to support SMEs and we will be looking at this again as the current Chancellor seems to acknowledge that smaller companies are not getting the support they need from commercial lenders.”
Neil MacGillivray of James Hay has taken up the role of Honorary Secretary with Elaine Turtle of DP Pensions and Geoff Buck of Killik & Co acting as Honorary Treasurer and Membership Secretary respectively.
AMPS are holding a compliance conference on 17 November in London and plans are well under way for the annual members’ conference in May. Those involved in the self invested pensions industry who are not members can join the Association for £200 per year.