AMPS Conference attendees say that the death of annuities is premature but the lifetime allowance must go. Some 77% of attendees agreed that the lifetime allowance should be abolished.
Britons are "sleep walking into a tax trap" with widespread ignorance about what the lifetime allowance is, a study has found.
Pension members could be throwing their money away by leaving schemes early due to the reduction in the Lifetime Allowance, an investments firm has warned.
Towry, a wealth adviser which runs its own in-house Sipp service, has warned that the impending further reduction in the pension lifetime allowance - due next April - will mean that many individuals with a well-funded pension pot will need to consider their options.
Sipp provider Suffolk Life has called on planners and their clients to consider fixed and individual protection for 2014 as early as possible.
Liberty Sipp has warned consumers of the need to be aware of the changes to the lifetime allowance.
News from Twitter
Articles by Keyword
AJ Bell
AMPS
annuities
Autoenrolment
Barnett Waddingham
Curtis Banks
DWP
FCA
FOS
FSCS
Hargreaves Lansdown
HMRC
James Hay
Lisa Webster
Mattioli Woods
Pension
pensions
pension transfers
Platforms
regulation
retirement
retirement planning
Sipp
Sipps
Ssas
The Pensions Regulator
TPR
Webster
websterblog
Xafinity