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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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Inheritance tax receipts for April 2021 to February 2022 hit a new record high of £5.5bn.

SIPP trustee and administration company Westerby Trustee Services has acquired fellow SIPP administrator CPPL.

SIPP provider Heritage Pensions Limited has gone into liquidation this week after a string of upheld claims against the firm.

The regulated financial market failed to protect the British Steel Pension Scheme members, according to a damning report from the National Audit Office (NAO) into the wave of bad advice given to BSPS members.

The FCA is to consult on allowing fund managers to ring-fence or 'side pocket' sanctioned Russian investments so the funds could continue to trade.

The latest data on pension transfers from pension firm XPS suggests a “significant increase” in the proportion showing signs of potential scam activity.

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