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  • James Jones-Tinsley: Guided Retirement Duty could be game changer

    During May, the Pensions Policy Institute (PPI), sponsored by The Pensions Regulator (TPR), concluded that defined contribution (DC) pension savers – including those in SIPPs, as well as in Workplace Pensions - require more guidance when choosing suitable retirement products.

  • Lisa Webster: Overcomplicated rules are a threat

    It may be more than a year since the Lifetime Allowance was formally abolished but issues are still emerging from the mess made by rushed legislation.

  • Lisa Webster: To gift or not to gift?

    Since the announcement that pensions are to be included in estates for inheritance tax (IHT) purposes the question of whether those with large pension pots should be giving some funds away has become increasingly common.

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Sipp and Ssas provider Hornbuckle Mitchell, an IFP sponsor, says it would welcome the HMRC introducing a "cap and collar" on Government Actuary rates to provide better retirement projections.

The Work and Pensions Select Committee believes the cap on contributions to auto-enrolment pensions should be lifted.

The Financial Services Authority is consulting on proposals to change pension transfer analysis after criticising certain advisers for taking a “mechanistic” approach.

Sipps specialist John Moret has joined the management team of retirement planning firm Intelligent Pensions as non-executive chairman.

The Institute of Financial Planning has added programmes from Sipp and Ssas provider Hornbuckle Mitchell and Baigrie Davies to its IFPTV channel.

The average retirement age has risen to 65 years for men and 62 years for women, according to the Office for National Statistics.

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