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The average worker faces trying to live off just over £1,000 per year in retirement, a conference was told.
The tax and VAT position on Sipps and platforms could change in future and was not set in stone, according to Deloitte tax expert Paul Farr speaking at the IFP Accredited Firms Annual Conference today.
People set to retire this year will be spending £3,000 per year on average helping family members who are struggling financially.
Rowanmoor, the independent SSAS provider and bespoke Sipp and Family Pension Trust operator, has announced a series of seminars in the spring for financial advisers.
James Hay, the Sipps and platform specialist, has updated its Modular iSIPP by extending the switch on/switch off approach to non-pension wrappers.