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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 FCA confirmed today that that it will go ahead with its plans for long-term investment funds aimed at sophisticated investors and pension funds, potentially opening them up later to some retail investors.

The National Audit Office, the UK’s independent public spending watchdog, is to probe the FCA’s handling of the British Steel Pension Scheme restructuring which resulted in many steelworkers transferring their pensions into SIPPs.

Advised net inflows rose 36% year on year to nearly £4bn at investment platform AJ Bell for the year ended 30 September.

Edinburgh-based SIPP operator Forthplus Pensions has gone into administration after a string of complaints to the Ombudsman about the firm’s due diligence.

Advisers placed almost £2bn with investment platform Transact during the quarter ended 30 September 2021.

Under a third of pensions professionals believe pension dashboards will be of use by 2025.

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