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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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Sipp related claims against financial advisers who are no longer trading have continued rising, The Financial Services Compensation Scheme said today. 

A Sipp operator has been told to compensate an investor after the Financial Ombudsman Service ruled it had failed to ensure that an investment was suitable.

Assets under management have shot through the £1bn barrier at Parmenion, with the company also announcing positive feedback on its new Sipp.

The total UK 'at retirement' market has been forecast to more than triple in size in the next 10 years, with annuity sales still high despite taking a hit in 2014.

The time has come for a 'pensions passport' to be made a reality, according to leading figures in the industry who have come out in favour of the idea.

A crackdown on pensions liberation has led to HMRC rejecting 362 pension scheme applications in the last nine months.

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