Displaying items by tag: pensions
Monday, 22 October 2018 13:06
Lisa Webster: Lifetime allowance changes explained
With September’s CPI figures now being released we know what next year’s Lifetime Allowance (LTA) will be - £1,054,800. Whilst hardly a dizzying increase we are at least crawling in the right direction after years of being pegged back. I get a few surprised looks when I remind people that the original version of Finance Act 2004 included a clause that the standard lifetime allowance could only increase.
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Friday, 19 October 2018 12:06
Experts welcome joint FCA/TPR regulatory pensions strategy
The launch, by the FCA and The Pensions Regulator yesterday, of a joint regulatory strategy aimed at taking action to deliver better outcomes for pension consumers has been backed by the profession.
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Thursday, 18 October 2018 09:33
Pension trustees fined for failing to invest £1.4m promptly
Four trustees of a master trust, who failed to promptly invest members’ savings for three years, affecting 9,081 members and contributions of £1.4 million, have been fined by The Pensions Regulator (TPR).
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Wednesday, 17 October 2018 12:07
Chancellor pledges to 'unlock untapped firepower' of pensions
Chancellor of the Exchequer Philip Hammond promised to ‘unlock’ the “untapped firepower of defined contribution pension schemes.”
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Friday, 12 October 2018 12:26
Baroness Altmann to give keynote pensions speech at university
Baroness Ros Altmann is due to give a prestigious lecture on pensions at London’s University of Westminster.
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Wednesday, 10 October 2018 14:12
Elaine Turtle: FCA DB scrutiny hits SIPP market
There has been a flurry of corporate results in the last few months from SIPP providers that have shown an increase in revenue due to the increase in SIPPs being set up due to the large number of DB transfers to SIPPs.
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Thursday, 04 October 2018 12:50
Pension transfer advisers will need specialist qualification from 2020
The Financial Conduct Authority has today published final rules and guidance from its consultation on improving the quality of pension transfer advice.
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Wednesday, 03 October 2018 14:35
Profession welcomes McVey’s backing for pensions dashboard
Work and Pensions Secretary Esther McVey’s backing for the pensions dashboard in her speech at the Conservative Party Conference this week brought relief to the profession.
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Wednesday, 03 October 2018 12:53
CISI conference hears expert lessons from BSPS debacle
The CISI Annual Financial Planning Conference heard yesterday from an expert panel that many lessons can be learned from the BSPS debacle and more must be done to stop a repeat.
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Thursday, 20 September 2018 10:52
Lisa Webster: Budget tax relief rumours
I was going to open by commenting that it’s the time of year when the budget rumour mill starts kicking into action, but of course this will only be the second Autumn Budget, so we’re more accustom to these things happening at the start of the year.
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