Retirement lending must be looked at as a crucial element in the FCA’s probe into barriers to mortgage sector competition, The Equity Release Council says.
Replacing tax relief with a Pensions ISA could be George Osborne’s ‘Gordon Brown moment’ and cause ‘incalculable damage’, the former Pensions Minister claims.
Net new business in Hargreaves Lansdown’s Sipp nominee accounts was £1.2 billion for the last six months of 2015.
MPs will this afternoon debate claims that retirement plans “have been shattered with devastating consequences” due to transitional state pension arrangements.
A retirement planning boss believes that a single flat rate of pension tax relief could be the “boost to pensions simplification we’ve needed for a long time”.
FSCS bosses said today they see no end to the high numbers of Sipp-related advice complaints next year.
A Sipps expert fears the Government may be underestimating the complexity and costs attached to a new a flat rate of tax relief, amid reports this morning that such a change will be announced imminently.
Could 2016 be the year of the SSAS? The main reason I can see the answer being yes is that it is simply a suitable product for many that may have been overlooked in the past. I could just stop there but this would then be really short and quite uninformative so I feel I should expand a little.
Financial advisers should establish a charity to provide pensions advice to people with low incomes, a campaign group says.
Aegon has launched a new free guidance service designed for its own customers who have already been to Pension Wise but have no financial adviser.