Latest Blogs
-
James Jones-Tinsley: Guided Retirement Duty could be game changer
During May, the Pensions Policy Institute (PPI), sponsored by The Pensions Regulator (TPR), concluded that defined contribution (DC) pension savers – including those in SIPPs, as well as in Workplace Pensions - require more guidance when choosing suitable retirement products.
-
Lisa Webster: Overcomplicated rules are a threat
It may be more than a year since the Lifetime Allowance was formally abolished but issues are still emerging from the mess made by rushed legislation.
-
Lisa Webster: To gift or not to gift?
Since the announcement that pensions are to be included in estates for inheritance tax (IHT) purposes the question of whether those with large pension pots should be giving some funds away has become increasingly common.
Popular News
-
6 in court over £75m complex SIPP fraud
Six people were due to appear in court this week over a pension fund and SIPP fraud which involved £75m being invested in storage units in the North of England and Scotland.
-
IHT on pension pots will hit bank of Mum and Dad
Charging inheritance tax on unused pension funds will create confusion and increase the risk of gifting mistakes for the Bank of Mum and Dad and Gran and Grandad, equity release specialist Key Advice has warned.
-
Average annuity value soars 160% in 5 years
The average value of an annuity has soared 160% since 2021, according to newly-published client data from Hargreaves Lansdown.
-
Younger investors bet on property and pensions for retirement
The majority of Millennials (56%) and Gen Z (62%) see a mixture of pension and property as their main retirement asset, according to new research.
-
Thousands sign pension-switch petition
A petition calling for a 10-day pension switch guarantee has attracted more than 2,000 signatures in its first two weeks.
-
State Pension could climb by more than £550
The State Pension could climb by more than £550 next year thanks to the triple lock, as earnings growth outpaces inflation.
The FCA says that big tech firms like Google can do more to protect consumers in areas on the edge of the FCA's regulatory perimeter.
The number of pensions being fully withdrawn have risen 5.1% but the number of people taking regulated advice when entering drawdown has fallen by 10% in the first half of the year, according to the FCA’s Retirement Income Market data bulletin.
The FCA has advised firms to return to working from home where possible.
Defined benefit pension scheme members could still be waiting to receive payments as much as £25,000 following the Guaranteed Minimum Pensions (GMP) Equalisations judgement in October 2018, according to a pensions consultancy.
Specialist UK Professional Indemnity insurance firm Inperio is to launch a new PI product for independent financial advisers in the UK.
iPensions Group, recently rebranded from Momentum Pensions, has launched The Platform SIPP to enable advisers and clients to consolidate their pensions into an online managed SIPP solution.