Displaying items by tag: nonworkplace pensions
James Jones-Tinsley: New SIPP rules need care
In December 2022, the Financial Conduct Authority (FCA) released a Policy Statement entitled: “Improving Outcomes in Non-Workplace Pensions."
Lisa Webster: Pension tax relief cut is just a scratch
One of the big headliners in the Spring Statement was the cut in basic rate income tax from 20% to 19% from April 2024.
Lisa Webster: Wrap up for the big freeze
With 5 April rapidly approaching social media and inboxes are full of the usual “top ten tax year-end tips” headlines. For those who are organised the planning has long been done, allowances used as fully as possible and it’s time to sit back.
Lisa Webster: The perils of decoupling
Writing an article on “decoupling” in the same month as Valentine’s Day feels a bit “bah humbug” – but rest assured, I'm talking about the link between taking tax-free cash and using pensions to provide an income that faces the prospect of being torn apart, not any romantic relationship.
Lisa Webster: Dealing with the cash headache
Towards the end of last year the FCA published its much-delayed consultation on non-workplace pensions. The consultation proposes two major changes – the first relates to default investments and the second to cash warnings.