Clik here to view.
Spring Budget 2017: Government confirms £6,000 cut in MPAA
The government’s confirmation it is pressing ahead next month with the reduction in the money purchase annual allowance (MPAA) has reignited the criticism directed at the measure since it was first...
View ArticleClik here to view.
Inheritance planning: The generation-skipping conundrum
Katie Underhill considers the impact of leaving an inheritance to grandchildren. Although the modern day “bank of gran and granddad” may seem like a simple solution to help grandchildren onto the...
View ArticleClik here to view.
Jessica List: What’s in a name?
The pensions industry is often criticised for being bloated with jargon but surely, argues Jessica List, it is not the words themselves but the growing complexity of the system that is the real...
View ArticleClik here to view.
Spring Budget 2017: Pension freedom tax windfall for government
The government raised nearly five times more income tax than expected in the first year of pension freedom, documents released alongside the 2017 Spring Budget have revealed. While HM Treasury was...
View ArticleClik here to view.
‘Giving with one Budget, taking with another’– Cofunds Budget webinar
Retirement Planner‘s sister title Professional Adviser was joined by Technical Connection’s John Woolley, Edward Grant and Samantha Kaye for a post-Budget rundown, hosted by Cofunds, of the key points...
View ArticleClik here to view.
FCA updates pension advice redress calculations
The Financial Conduct Authority (FCA) has proposed to update the methodology used to calculate redress payments for unsuitable advice given on defined benefit (DB) transfers, saying the system needed...
View ArticleClik here to view.
Royal London’s Fiona Tait moves to Intelligent Pensions
Intelligent Pensions has appointed former Royal London pension specialist Fiona Tait as technical director, replacing David Trenner who is retiring from the industry. In her new role, Tait (pictured)...
View ArticleClik here to view.
Darren Hedgley: Addressing the iPad v pension dilemma
Younger employees who previously used salary sacrifice to purchase gadgets may not be keen to switch to pension saving but, says Darren Hedgley, working through all the benefits could help change their...
View ArticleClik here to view.
Prudential sets aside £175m for review of non-advised annuity sales
Provider Prudential has set aside £175m for the review of its non-advised annuity sales following an industry-wide probe by the Financial Conduct Authority (FCA), its results have shown. The regulator...
View ArticleClik here to view.
Spring clean: Preparing for the new tax year
Pension allowance changes and a state pension rise make advice more important than ever, writes Emily Perryman – and now is the time to prove it. The start of a new tax year is a good time to review...
View ArticleClik here to view.
Bob Champion: Could purchase life annuities make a comeback?
The uncomfortable truth is that many people with defined contribution pension savings have an insufficient amount to provide a lifetime income to meet their requirements, says Bob Champion – so what...
View ArticleClik here to view.
Poor understanding of advice risks ‘mis-buying crisis’– LV=
A majority of those retired or close to retirement remain reluctant to seek financial advice, with many doing so because they do not see it as good value for money, according to research conducted by...
View ArticleClik here to view.
PASA reveals pension dashboard working group members
The Pensions Administration Standards Association (PASA) has revealed the 12 members of its pension dashboard working group, which includes representatives from the likes of The Pensions Regulator,...
View ArticleClik here to view.
True Potential to launch stocks and shares LISA
Financial services group True Potential has confirmed it will launch a Lifetime ISA (LISA) product before the end of 2017, though it was unable to give a concrete date for the launch. The product will...
View ArticleClik here to view.
Nigel Bennett: Key considerations for SIPP financial forecasts
Nigel Bennett highlights the importance of good financial forecasting when planning a SIPP commercial property purchase and the three main areas advisers should consider in this regard. Acquiring a...
View ArticleClik here to view.
Kim Lerche-Thomsen: What’s next for the annuity market?
Advisers can help retirees choose the all-important first step of their retirement planning process and then be an ongoing figure of support throughout retirement, says Kim Lerche-Thomsen. Retirement...
View ArticleClik here to view.
Top tips to help companies run their pension governance meetings
There has never been a greater need for advisers to ensure any company workplace pension schemes they work with are managed correctly, writes Steve Butler. Increased regulation and ever-changing...
View ArticleClik here to view.
Pensioner Income Series: Workplace pensions now taking the strain
The latest Pensioner Income Series data published by the government has served to highlight the need for people to take more responsibility for building their own retirement income rather than relying...
View ArticleClik here to view.
Master trust warns of IHT risks for NEST members
NEST’s decision to raise its maximum contribution cap and lift transfer restrictions from next month has left members at risk of inheritance tax (IHT) charges of up to 40%, according to Salvus Master...
View ArticleClik here to view.
Government confirms MPAA cut to £4,000 from next month
The government has confirmed its decision to cut the MPAA by 60% from 6 April, arguing the new £4,000 allowance is “fair and reasonable” and will only affect up to 3% of savers over the age of 55....
View Article