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Displaying items by tag: pensions

An ex-Pensions Minister has blasted Theresa May’s new Government for effectively relegating pensions to the second tier.
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Curtis Banks has continued its Sipp acquisition trail by acquiring 5,000 Sipps - with assets under administration of approximately £630m - from the administrators of European Pensions Management.
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Consumers choosing income drawdown without using a regulated adviser are to come under the regulatory spotlight.
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Brexit has hit UK pensions as liabilities soar to record levels, The Pension Protection Fund’s latest figures suggest.
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I decided to try and avoid the Brexit vote for a little longer and thought the best way to do this was to run a marathon around a forest.
Published in Comment and Blogs
Friday, 08 July 2016 12:00

Rise in complaints about personal pensions

The Pensions Ombudsman has reported a “marked increase” in complaints relating to personal pensions.
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A so-called post-Brexit ‘punishment Budget’ which could have implications for pensions may only have been delayed rather than scrapped, a Sipp firm’s senior analyst has warned.
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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?”
Published in Comment and Blogs
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