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Displaying items by tag: pensions

Thursday, 27 October 2016 12:47

Sipp investors 'penalised' by property rule change

Sipp property investors are being penalised by a rule change made by the the Scottish Government, a Sipps firm says.
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The post-freedoms pension fraud spike was “worse than previously feared”, new analysis indicates.
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The average withdrawal per person from pensions since the freedoms were launched has fallen to under £10,000.
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The Treasury must avoid putting shackles on the new Pensions Advice Allowance that could deter younger savers engaging with their retirement planning, a pensions firm says.
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A new Pensions Bill published yesterday spells the death knell for badly run Master Trusts, an analyst says.
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The former Pensions Minister has attacked the Government's decision to abandon a “potential lifesaver” for thousands of people.
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Monday, 17 October 2016 11:17

'We want a pensions bonfire this Autumn'

A Financial Planning firm’s MD claims ex-Chancellor George Osborne was “possessed with an inner-Gordon Brown” and called for pension complexities to be scrapped by his successor.
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In six months’ time, April 2017, all Sipp providers will need to have changed their illustration systems so that they show the margin they retain on cash holdings, writes Elaine Turtle, director of DP Pensions.
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Thursday, 13 October 2016 16:07

Major state pension report ‘underwhelming’

A pensions analyst has branded a major Government report on fairness and affordability of the state pension ‘underwhelming’.
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Professional advisers are increasingly being overlooked by the over 50s as they turn to the internet instead for retirement guidance, a new report suggests.
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