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Displaying items by tag: pensions

Pension tax relief could be an “early casualty” of the UK’s decision to vote to leave the EU, a leading analyst believes.
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New premiums driven into personal pensions and Sipps increased to £3.8 billion in the first quarter of 2016, according to data from Equifax Touchstone.
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I was at a street party for the Queen’s birthday and someone asked me what I did, and when I said I worked in pensions the immediate response was – “so you are a financial adviser?”
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Two Sipp firms have announced they have met the FCA’s new capital adequacy requirements.
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There has been an increasing trend among Sipp clients to buy land with their pension funds, a Sipp firm has reported.
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Wednesday, 15 June 2016 12:25

Neil MacGillivray: I fear more seismic changes

In the lead up to the Spring budget there was a fair amount of speculation about what major (negative) changes were going to be made to pensions.
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It seems today that if there is a problem with pensions or if people are looking for someone to blame for people losing money, then SIPPs seem to be at the front of the line.
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Fewer than one in four over-50s who have paid off their mortgage use the extra cash they save to boost retirement savings, according to new research.
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A former chairman of AMPS has died after a long battle with cancer.
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A proposed £500 allowance to enable people to use their pension savings to pay for advice would be shunned by nearly two thirds of over 50s.
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