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  • Lisa Webster: A calmer Budget? We hope so...

    As we head towards our new Downing Street leadership team’s first Budget, the waters seem relatively calm.

  • Lisa Webster: Take the pension first? Think again

     

    With the impending changes to tax treatment of pensions on death, there has been talk around the order of income in retirement being turned on its head.

  • Tilley: Transfer reform welcome but SSAS governance is key

    At first glance, DWP’s June 2026 consultation on proposed changes to the 2021 transfer regulations does something the industry has long asked for; it acknowledges that the current regime, while well intended, has created too much friction for some perfectly legitimate pension transfers.

  • Lisa Webster: Good news from DWP for SIPPs but not SSAS

    The DWP has just released its long-awaited consultation on the SIPP transfer regulations – and it’s largely encouraging news. As an employee of a reputable SIPP provider the changes are positive. SSAS providers may be less enthusiastic about some of the proposals.

  • Lisa Webster: Should tax-free cash always be taken?

    Since the Lifetime Allowance was abolished and replaced with the Lump Sum Allowance (LSA) and lump sum and death benefit allowance (LSDBA), we have seen an increase in SIPP members who want to take drawdown only – foregoing the right to take the associated pension commencement lump sum (PCLS).

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Nearly 70 companies - including several SIPP providers - have signed up to the Treasury’s Women in Finance Charter including St James's Place, JP Morgan, Investec Asset Management and Yorkshire Building Society.

Cashflow modeller Prestwood Software has unveiled a suite of advanced pension planning tools to help planners engage with clients who are underfunding their pensions.

Research has found that 20% of pension savers aged over 50 have changed their retirement plans because of the Pension Freedoms as the retirement planning sector sees a major change in direction.

Retirees using the Pensions Freedoms are demanding more flexibility on income withdrawal and driving demand for financial advice.

Manchester-based Liberty SIPP has reported revenue up by 35% and assets under management up to nearly £3bn, in its latest annual results.

Financial Planning and retirement advice company LEBC has called for the creation off a new ‘cooling off’ period on pension withdrawals under Pension Freedoms.

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