Latest Blogs
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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.
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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.
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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.
Popular News
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6 charged over £75m storage unit SIPP fraud
Six people have been charged over a pension fund and SIPP fraud which involved £75m being invested into storage units in the North of England and Scotland.
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Westerby snaps up Bristol SIPP firm
Wealth adviser and pensions firm Westerby Group has acquired Bristol-based SIPP specialist Cabot Trustees Limited for an undisclosed amount.
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State pension age may need to rise to 80
The State Pension age may need to rise as high as 80 to deal with a long term funding crisis, according to new modelling by pension consultants and actuaries Barnett Waddingham.
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4 in 10 worried about IHT on pensions
Four in 10, 40%, of people say they are worried about upcoming changes to pensions and inheritance tax.
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Pre-retirees face £18,000 income gap in retirement
The gap people need to fill between their income aspirations in retirement and the amount provided by the state pension has climbed to £18,552, according to new analysis of DWP figures.
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Taxpayers in dark about pension contributions
A quarter, 24%, of people have little to no idea about how much they and their employers are paying into their pension.
Advisers and clients have become more concerned about wealth transfer since the Government’s proposals in the Autumn Budget to include unused pension assets in the estate for inheritance tax.
Pension experts said that today’s figures from the PLSA about retirement living standards should be a ‘wake-up call’ for savers.
The minimum amount someone needs in retirement has fallen, according to the latest update of the Pensions and Lifetime Savings Association’s (PLSA) Retirement Living Standards report.
Transferring wealth between generations is as important to clients of Financial Planning firms as retirement, according to a new study.
Changes to salary sacrifice would cause confusion, reduce benefits to employees, and disincentivise pension savings, The Society of Pension Professionals has warned.
Dan Olley, CEO of Hargreaves Lansdown, is to leave the firm less than two years after taking up the helm.