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Number of ‘unsustainable’ pension withdrawals hits record high
The proportion of pensions being drawn down at 8% or over has hit its highest recorded level for pots of all sizes, according to analysis of the latest FCA data.
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Wealthy clients rethink inheritance plans on Budget rumours
Wealthy clients are increasingly seeking advice on inheritance tax and estate planning amid growing speculation ahead of the Autumn Budget, according to wealth manager Rathbones.
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Talbot & Muir is to launch a low-cost Sipp next month as it expands its range of consumer products.
Liberty Sipp has warned consumers of the need to be aware of the changes to the lifetime allowance.
There will be a second reading of the Pensions Bill in Parliament this afternoon (17 June).
Skandia believes people should combine both fixed and individual protection to secure a larger pension pot and protect their savings.
A joint initiative between Carey Pensions & Benefits and Abacus Corporate Services in Malta is awaiting approval for QROPS status.
Sipp provider Pointon York has appointed Ian Bell as executive chairman of Pointon York Sipp Solutions.