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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.

  • Tilley: Is the age 75 trigger date now irrelevant?

    Age 75 has been an important milestone in pension rules since A day in 2006. It was the latest age at which a compulsory annuity purchase was required (prior to Pensions Freedoms). It's arguably it’s long been an arbitrary line in the sand, noting that life expectancy has been on the increase for the last 20 years, but this trigger age has remained unchanged.

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

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

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.

Talbot and Muir, the Sipp and SSAS specialist, has recruited Jamie Taylor from Hornbuckle to be its new business development consultant for the west of England and Wales.

Sipp provider Suffolk Life has reported a significant increase in the number of capped drawdown applications in the lead up to 6 April when the opportunity to set up new plans disappears.

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