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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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Any moves to further reduce tax relief on future pension contributions would be a “second tax grab on pension savers”.

A Sipp and ISA firm, which went into administration this week, has been bought by Embark Group, the parent company of Hornbuckle, it was announced this morning.

Key figures from 25 businesses that deal with Sipps attended a meeting this week to agree on a plan to move to a new electronic reregistration system.

AXA Wealth’s specialist Sipp and investment platform grew funds under management by 13 per cent to £20.7bn in 2015.

Ex-Pensions Minister and ousted former Liberal Democrat MP Steve Webb has launched a scathing attack on proposals to change tax rules – calling them ‘daylight robbery’.

Retirement customers continue to look to invest the tax free cash lump sum from their pension pots into the buy-to-let property market despite the looming tax clampdown, data from Fidelity International suggests.

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