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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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Dentons Pension Management Limited, one of the larger providers and administrators of SIPPs, has acquired Sippchoice, a London-based SIPP provider for an undisclosed sum.

One in four employers (27%) is planning to launch financial education initiatives for staff in the next three years, according to research covering more than 2,000 employees.

Royal London’s director of policy Steve Webb, a former pension minister, believes that HMRC is “out of control” when it comes to over-taxing savers using pensions income withdrawal or buying a second home.

The latest data from the Financial Ombudsman Service suggests SIPP complaints will be 25% up year on year and could top 2,000.

The removal of an amendment making pensions auto guidance compulsory under new legislation has been welcomed by a Sipp provider.

Xafinity Punter Southall has hired Wayne Segers as head of Punter Southall Transaction Services (PSTS).

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