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Many current pensions will fail to reach their target, leaving pensionholders at the mercy of the annuity markets and stranded with inadequate pensions, warns a new report.
Rowanmoor, a SSAS provider and a bespoke Sipp and Family Pension Trust (Family Sipp) operator, is calling on small businesses to check their payroll details and staging date sooner rather than later after a recent case of concern.
AJ Bell's non-executive chairman Jim Martin palms to retire from the board in December, after almost seven years as chairman. He will be succeeded by Les Platts, currently senior non-executive director.
Suffolk Life has reported business passing the milestone of £6 billion in assets under administration in September.
Sipps and investment provider Hargreaves Lansdown says that the latest thematic review of the Sipps sector, announced this week, is a 'push' towards larger providers but not a 'direct attack' on smaller operators.