Comment and Blogs
Pension scams are not new but are growing in number and constantly evolving. Thankfully, after a slow start the wheels in motion to combat the scammers are starting to pick up speed.
I recently presented a technical webinar on pension transfers which included a look at transfers to qualifying recognised overseas pension schemes (QROPS).
The Ministry of Justice recently launched a consultation on Modernising Lasting Powers of Attorney (LPA).
Read more: Lisa Webster: SIPPs and LPAs need careful handling
It seems as if the SIPP sector has been waiting for the judgments on a number of court cases in recent years. As we get clarity on one, we still await another and these can have implications for not only how a SIPP firm operates, but on advisers and their clients.
Read more: Elaine Turtle: Staveley case highlights advice need
The recent judgment in the HMRC v SIPPchoice case, published in May, was in relation to tax relief on in-specie contributions. This case has been ongoing for a number of years and it would appear that we finally have resolution.
Read more: Elaine Turtle: The in-specie question nears a solution
This last 10 months has been difficult for everyone, one way or another, but for pension schemes with property it has been a particularly difficult time.
Read more: Elaine Turtle: Difficult times for landlords and tenants