Latest News

Peer-to-peer lender launches Sipp option

RateSetter, a UK peer-to-peer (P2P) lender, has moved into retirement savings with two Sipp providers – London & Colonial and European Pensions Management, enabling Sipp holders to lend within their pension tax wrapper.

Parmenion adds drawdown features to Sipp wrapper

Parmenion has added drawdown features to its in-house Sipp from today (7 April), to enable advisers to take advantage of the new Pensions Freedoms for their clients.

Over 8% of pension freedom callers asking about Sipps

Hargreaves Lansdown has reported that over the past year it has received over 150,000 requests for information regarding the new pension freedoms with over 8% of callers asking about topping up or opening a Sipp.

Xafinity appoints Sipp business development manager

Xafinity has appointed Garry Crook to its Sipp and SSAS sales team as business development manager.

Suffolk Life adds 10 discretionary services to SimSIPP

Suffolk Life has added 10 discretionary services to its DFM-focused SimSIPP, increasing the number of DFM services available to 31.

63% fear running out of money in retirement

A consumer survey for the National Association of Pension Funds has found that 83 % of people are positive about the pension changes coming into effect next week but 63% worry they will run out of money before they die.