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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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The average worker faces trying to live off just over £1,000 per year in retirement, a conference was told.

The tax and VAT position on Sipps and platforms could change in future and was not set in stone, according to Deloitte tax expert Paul Farr speaking at the IFP Accredited Firms Annual Conference today.

People set to retire this year will be spending £3,000 per year on average helping family members who are struggling financially.

Rowanmoor, the independent SSAS provider and bespoke Sipp and Family Pension Trust operator, has announced a series of seminars in the spring for financial advisers.

James Hay, the Sipps and platform specialist, has updated its Modular iSIPP by extending the switch on/switch off approach to non-pension wrappers.

Retirees will be forced to seek higher risk investments in future because of low Bank of England base rates, believes the head of a global financial advisory firm.

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