The tax and VAT position on Sipps and platforms could change in future and was not set in stone, according to Deloitte tax expert Paul Farr speaking at the IFP Accredited Firms Annual Conference today.
We start 2014 knowing that the Pensions Regulator will be looking to improve governance in small trust-based DC schemes following the publication of Code of Practice 13 in November.
So my first month away from AMPS in six years and I was suffering from cold turkey when I saw the release of new guidance by the FCA together with the announcement of a third thematic review.
Pensions Consultants at Broadstone Corporate Benefits have praised HMRC for starting to take positive steps to address the problem of pension liberation schemes but say more is still to be done.
HM Revenue & Customs says it is taking steps to tackle the increasingly sophisticated models being used by so-called pension liberation companies.
Applications to HM Revenue and Customs for Fixed Protection 2014 are now available online and via post.
Liberty Sipp has warned consumers of the need to be aware of the changes to the lifetime allowance.
Skandia believes people should combine both fixed and individual protection to secure a larger pension pot and protect their savings.
James Hay is warning advisers that that they could be caught out by the new tax treatment on 'trail commission'.
Firms using small self administered schemes (SSAS) could be liable for substantial fines if they fail to abide by the rules.
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