Comment and Blogs
The Ministry of Justice recently launched a consultation on Modernising Lasting Powers of Attorney (LPA).
The recent judgment in the HMRC v SIPPchoice case, published in May, was in relation to tax relief on in-specie contributions. This case has been ongoing for a number of years and it would appear that we finally have resolution.
It seems as if the SIPP sector has been waiting for the judgments on a number of court cases in recent years. As we get clarity on one, we still await another and these can have implications for not only how a SIPP firm operates, but on advisers and their clients.
It is quite hard to believe that we have just welcomed in the start of a new decade as 2020 begins.
This last 10 months has been difficult for everyone, one way or another, but for pension schemes with property it has been a particularly difficult time.
It is hard to believe that the first SIPP was sold over 30 years ago.