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Displaying items by tag: pensions

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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The Government has missed a chance to crack down on pensions fraud through SSAS, a technical expert says.
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Sipp provider @SIPP says there has been a 70% increase in new business for sales in the first quarter of 2016 compared to 2015.
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Britain is stuck in the slow lane, lagging behind countries such as Australia, Sweden and the Netherlands when it comes to a pensions dashboard, the ex-Pensions Minister claims.
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