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Displaying items by tag: pensions

Analysis of the latest mortality data has shown how limited the impact of scrapping the pensions death tax will be, according to a Sipp provider.

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Retirees in parts of England face being £120 or more short of what they need every week, a report has found, with residents in Greater London, the south west and east of England most unprepared financially for life after work.

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A complaint about a pension firm's failings, which began when a transfer to a Sipp was made, has been upheld by the Pensions Ombudsman.

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Monday, 29 September 2014 12:00

Sipp firms back scrapping of 'pernicious' death tax

Two Sipps firms have strongly backed the move to consign the 'death tax' on pensions to the rubbish bin today, with one director saying it reaffirms the rebirth of the system.

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Friday, 26 September 2014 12:16

Advisory firm blasts Government over 'guidance tax'

A Financial Planning firm has hit out at the costs facing advisers to fund the new retirement service pledged by the Government in the Budget, labelling it the 'guidance tax'.

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Ignorance among hundreds of thousands of small businesses about auto-enrolment dates is high, research has found, sparking a warning that companies face hefty fines if they fail to get clued up soon.

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There has been a significant rise in clients wanting to use a Sipp or SSAS to help fund the purchase of a new commercial property, a law firm has reported.

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The Government should cough up the costs of the new retirement guidance service for the first year, a pensions firm believes.

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Friday, 19 September 2014 11:35

Auto-enrolment: Committee to start investigation

An investigation by an influential group of MPs has commenced into automatic enrolment, taking account of the changed context arising from the Budget reforms.

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A report on workplace pensions has found "encouraging" results showing significantly more employees have been saving adequately for retirement since the introduction of auto-enrolment.

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