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Direct lending investment manager and platform Goji has revealed it will be offering a new low-cost SIPP.
Men and women will for the first time share the same state pension age of 65 from tomorrow (6 November 2018) marking a major pensions milestone set in train 25 years ago but critics say the change is far from fair to women.
Pension withdrawals continued to soar in the third quarter of 2018 leading to suggestions that some pensions savers are treating their pensions like bank accounts, dipping in to withdraw cash when they need it.
AMPS has urged its members to absorb lessons from the recent Berkeley Burke SIPP judicial review but says the case is “no game changer” for the majority of firms.
The FCA has written to SIPP firms to reiterate regulatory commitments following the judgement in the Berkeley Burke case.
Experts breathed a sigh of relief as Philip Hammond’s Budget yesterday avoided a tax raid on pensions.
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