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Displaying items by tag: pensions

Thousands of retirees who plan to take advantage of the pension freedoms will be using funds to splash out on holidays of a lifetime, research suggests.
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A new SSAS and Sipp technical specialist has been hired by Barnett Waddingham.
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Canada Life says it has seen customer enquiries triple in the wake of pension freedom changes.
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A "sting in the tail" could be looming for flexible drawdown clients who could face a HMRC fine of £300 or more.
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Thursday, 26 March 2015 11:40

Regulator pushes pensions dashboard proposal

The Financial Conduct Authority is proposing a pensions dashboard allowing consumers to see all their pension pots in one place, following a study on retirement income it carried out last year.
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So, Budget 2015 brought us another change to the lifetime allowance (LTA), with the proposal to reduce it from £1.25 million to £1 million. This now seems to be the pension policy of choice for at least two of the main political parties.

Published in Comment and Blogs
The Sipp as originally envisaged by former Chancellor Nigel Lawson is "now an endangered species", a leading expert says, as the 25th anniversary of its creation was marked.
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Sipps related claims are behind a £20m interim levy on life and pensions intermediaries announced by the FSCS today.
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Chancellor George Osborne has confirmed in his Budget today that 5m people will get the freedom next year to sell on their annuities for cash.
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Wednesday, 18 March 2015 14:42

Sipps firm unhappy over lifetime allowance cut

A Sipps administrator has expressed disappointment that the lifetime allowance is to be cut from £1,250,000 to £1m.
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