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Retired households paid the equivalent of £45.6 billion in taxes over a year, new research has found, with the average retiree family paying out 30 per cent of annual income to the taxman.
The Office for National Statistics has projected that the number of people aged 65 and over will increase in all regions by an average of 22% between mid-2012 and mid-2022.
The retirement gap for the average retiree is nearly £6,000 per year, new research has shown.
The chairman of the Sipp providers' association AMPS has forecast a further rise in the number of complaints about Sipps.
James Hay Partnership has struck a deal that will lead to it taking on Capita's Sipp book.
Over the last few weeks I have been lucky enough to do a number of sessions addressing financial advisers, either at their team meetings or under the guise of the IFP, PFS or IOFS. The hot topic? Without question the proposed Budget changes and the opportunities and possible pitfalls that the new regime might hold.
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