Latest Columns
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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.
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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.
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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.
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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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Tilley: Are we asking too much of pension savers?
Working in UK pensions, I’ve always accepted that the system evolves. Fiscal pressures change, demographics shift, and governments recalibrate policy objectives. But even allowing for that, the pace and volume of legislative change in the pensions space over the last few years feels unprecedented, and in my view increasingly problematic.
Popular News
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InvestAcc sells wealth manager for £12m
SIPP and SSAS provider and administrator InvestAcc has sold its Chartered Financial Planner business Vesta Wealth to its management in a £12m deal.
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3m UK pension pots worth £18.7bn remain lost
More than 3m UK pension pots remain lost worth a total £18.7bn, according to a Pensions Policy Institute study.
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Most workers have no retirement plan – survey
Fewer than one in five (18%) employees with a workplace pension have a clear retirement plan, despite more than half (51%) having already given a lot of thought to their financial needs in later life.
Trade body Pensions UK has called on the government to set out a clear timetable for increasing automatic enrolment pension contributions, after its research found strong public concern about under-saving.
Purchases of value protected annuities have increased by 38% year-on-year according to the FCA’s latest retirement income market data.
HMRC has been urged to provide greater clarity and stronger transitional protections ahead of the increase in the Normal Minimum Pension Age (NMPA) from 55 to 57 in April 2028.
For the last 20 years, the post A-Day regime has trusted SSAS members to combine three separate legal identities as pension beneficiary, trustee and business owner. Those changes preserved one of the greatest attractions of a SSAS in the form of member control, but also removed the compulsory pensioneer trustee role that existed before 6 April 2006.
Pension savers withdrew more than £91bn from their retirement pots in 2025/26, according to the FCA’s latest Retirement Income Market Data.
Investment platform AJ Bell has called on Chancellor John Healey to commit to a pension tax lock, with a focus on tax-free cash and tax relief.





