It was announced on 16 December that Rachel Reeves was pressing pause on the second stage of the pensions review, a review that was expected to contain the long-awaited extension of auto-enrolment and measures to help the self-employed save for retirement.
As we near the end of the year and look forward to 2025, it’s difficult not to reflect on the year to date. 2024 presented new challenges for the pension industry, most notably in respect of the implementation of the lifetime allowance abolishment and more recently, the announcement that from 2027, ‘unused’ pension benefits will be subject to inheritance tax.
As the England cricket team play their last home test series of the summer, I am reminded of a term popularised by the former England batsman Geoffrey Boycott.
Small self-administered schemes (SSASs) turned 50 last year and it is fair to say that their popularity and endorsement has been mixed over that period.
In my last article for SIPPs Professional, I focused on the role of the professional trustee and outlined the fiduciary responsibilities cast upon them as emphasised by the Pensions Ombudsman (TPO) in its case PO-256984.
In his latest column for SSAS expert Martin Tilley looks at the polarisation threat to the SSAS market.
In his latest column for SIPPs Professional, SSAS expert Martin Tilley looks at why the DWP may be damaging the SSAS sector with a lack of clarity on its £10,000 General Levy plan.
In his latest column for SIPPs Professional, SSAS expert Martin Tilley looks at SSAS misundertanding (for professional advisers only).
In his latest column for SIPPs Professional, SSAS expert Martin Tilley looks at some potential SSAS investment gems (for professional advisers only).
In his latest column for SIPPs Professional, SSAS expert Martin Tilley rebuffs the idea that a proposed increase to the DWP levy may kill off the SSAS market.