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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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Shares in SIPP provider STM Group were suspended from the AIM market today at 7.30 am as the group - whose chief executive was arrested in October - announced an acquisition.

The Treasury says that a further 26 companies have signed up to the Women in Finance Charter, including Old Mutual Wealth, Allianz, the Bank of England, Deloitte and Tesco Bank - increasing the number of employees covered by the Charter to over 600,000.

The PLSA has welcomed news that the Government is set to publish draft legislation to ban pension cold calling - including texts and emails - in early 2018.

AMPS has paid tribute to leading Sipps commentator and former AMPS chairman Mike Morrison, head of platform technical at AJ Bell, who died unexpectedly at the age of 55 earlier this week.

Customers of the Financial Planning arm of London-based PK Group will be able to manage their own assets, including SIPPs, via an automated platform and gain access to previously unavailable products.

The Bank of England has today increased its base rate by 25 basis points from 0.25% to 0.5% - the first increase for 10 years.

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