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Displaying items by tag: pensions

There has been a significant rise in clients wanting to use a Sipp or SSAS to help fund the purchase of a new commercial property, a law firm has reported.

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The Government should cough up the costs of the new retirement guidance service for the first year, a pensions firm believes.

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Friday, 19 September 2014 11:35

Auto-enrolment: Committee to start investigation

An investigation by an influential group of MPs has commenced into automatic enrolment, taking account of the changed context arising from the Budget reforms.

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A report on workplace pensions has found "encouraging" results showing significantly more employees have been saving adequately for retirement since the introduction of auto-enrolment.

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Friday, 12 September 2014 12:43

Sipp firm founder: Scotland vote could spark chaos

A pensions firm's co-founder has predicted chaos if Scots vote for independence and says everyone in the financial services industry is keeping their fingers crossed that it does not happen.

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Advisers are deeply concerned at how Government tinkering with pension reform legislation is affecting their ability to help clients, a Sipps firm has reported.

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Thursday, 11 September 2014 12:20

Smaller pension pot customers take cash lump sum

The latest annuity data has suggested customers with smaller pension pots have immediately started to use the new freedoms to take their cash lump sum, according to the ABI.

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Scottish independence could make "a mockery" of annuities and cause significant adverse affects for pensioners, an advisory firm fears.

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The Budget pension reforms do pose a risk of leading to misselling, the FCA's chief executive has admitted, following concerns raised by MPs.

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The annual contribution limit and transfer restrictions on the National Employment Savings Trust will be lifted, the Pensions Minister announced this morning.

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