As the saying goes, nothing is certain except death and taxes. When you put the two together you get inheritance tax (IHT) and in my experience of the pension world the subject of IHT is also certain to come up on a regular basis – I’ve had two queries on the subject in the last two days.
When George Osborne dropped his Pension Freedom bombshell in his now infamous 2014 budget I was on maternity leave.
In his latest column for SIPPs Professional, SSAS and SIPP expert Martin Tilley looks at the importance of trustees and taking steps to protect their responsibilities...
It’s been eight months since the DWP made changes to the statutory right to transfer. Over that time the number of transfers being held up by the new anti-scam measures appears to have steadily increased.
In his latest article, SSAS and SIPP expert Martin Tilley looks at why SSASs are so unloved by some advisers...
Whether or not an attorney can appoint a discretionary investment manager is a question that has come up a number of times over the last couple of months. The position on this has changed following updated guidance from the Office of the Public Guardian (OPG), so maybe it is no wonder confusion still abounds.
I last wrote in my column on SIPPs Professional about the changes to Normal Minimum Pension Age (NMPA) back in October, when the rules were still under consultation. The industry had highlighted many issues with the proposals and asked for a re-think in terms of how the changes were brought in.
• In his latest article, Martin Tilley looks at the decision-making process and the need for documentation as it applies to Small Self-Administered Schemes.
In his second article for this new column for SIPPs Professional, leading SIPP and SSAS figure Martin Tilley, a director at Westbridge, looks at how selling a business can affect SSAS planning:
It is nearly 50 years since the concept of the Small Self-Administered Scheme (SSAS) was introduced and, despite their unique features as a retirement planning vehicle, it remains a much underused tool in the Financial Planning process.
One of the big headliners in the Spring Statement was the cut in basic rate income tax from 20% to 19% from April 2024.