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Displaying items by tag: pensions

Tuesday, 28 April 2015 10:19

Sipp claims blamed for £100m levy on advisers

Sipp related claims have again been blamed as advisers brace themselves to be hit with a £100m bill.
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About 10% of soon to be retirees plan to capitalise on the pension reforms to start a small business or go into consultancy, research suggests.
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Over half of people planning retirement are looking at alternative income such as buy-to-let, with a fifth showing scepticism about pensions.
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Two thirds of adults aged 65-74 want to be working at least part-time in retirement, according to a study.
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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.

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