Displaying items by tag: pensions

Two Sipps firms have strongly backed the move to consign the 'death tax' on pensions to the rubbish bin today, with one director saying it reaffirms the rebirth of the system.

A Financial Planning firm has hit out at the costs facing advisers to fund the new retirement service pledged by the Government in the Budget, labelling it the 'guidance tax'.

Ignorance among hundreds of thousands of small businesses about auto-enrolment dates is high, research has found, sparking a warning that companies face hefty fines if they fail to get clued up soon.

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.

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

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

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.

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.

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

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.