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  • 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.

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James Hay Partnership, the platform for retirement wealth planning, is calling on HMRC to create a Pensions Nil Rate Band (PNRB).

Barnett Waddingham, the provider of actuarial and consultancy services, has launched a pensions education service for employers looking to inform their senior-level staff on the various changes surrounding pension benefits.

 

Towers Watson has appointed Peter Rowles as head of its Retirement Practice for the UK and Ireland. Mr Rowles will succeed John Ball who was appointed Europe, Middle East and Africa (EMEA) head of Retirement Solutions in June this year.

Only one in three people expect to stop working completely when they retire and phased retirement will become the new norm, according to a consumer study for Aegon which also shows that few people have a formal financial plan for retirement.

Mattioli Woods' subsidiary City Pensions has acquired the pension admin business of UK Wealth Management, part of Ashcourt Rowan, for up to £355,000.

A Sipps firm has backed the FCA's new capital adequacy rules and announced it has acquired the Sipp book from a pension administration provider for an undisclosed sum.

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