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Most pension scheme members to reject 100% lump sum

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Most members of pension schemes are likely to turn down the option to withdraw 100% of their pension rights as a lump sum, according to research from Capita Employee Benefits.

Peer-to-peer lender launches Sipp option

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RateSetter, a UK peer-to-peer (P2P) lender, has moved into retirement savings with two Sipp providers – London & Colonial and European Pensions Management, enabling Sipp holders to lend within their pension tax wrapper.

Over 8% of pension freedom callers asking about Sipps

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Hargreaves Lansdown has reported that over the past year it has received over 150,000 requests for information regarding the new pension freedoms with over 8% of callers asking about topping up or opening a Sipp.

Parmenion adds drawdown features to Sipp wrapper

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Parmenion has added drawdown features to its in-house Sipp from today (7 April), to enable advisers to take advantage of the new Pensions Freedoms for their clients.

 Xafinity appoints Sipp business development manager

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Xafinity has appointed Garry Crook to its Sipp and SSAS sales team as business development manager.

  1. Suffolk Life adds 10 discretionary services to SimSIPP
  2. 63% fear running out of money in retirement
  3. Talbot and Muir recruits business development consultant from rival
  4. Provider reports 250% rise in capped drawdown

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Features Article Count:  4

Insight & Analysis Article Count:  3

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