Revealed: The good and bad of pension transfers
XPS Pensions Group has the slowest pension transfer time on average, while Now: Pensions and Phoenix Life are two of the priciest providers, according to research by PensionBee. PensionBee analysed a...
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Revealed: More shortlists for 2018 Women in Financial Advice Awards
This week and next, Professional Adviser and Retirement Planner are proudly publishing the shortlists for the inaugural Women in Financial Advice Awards, the winners of which will be announced at a...
View ArticleRP case studies: When the bank says no a SSAS can help
A recent new case has highlighted the advantages that creative use of a small self-administered scheme (SSAS) can offer. We were recently appointed to a scheme, which was attached to a manufacturing...
View ArticleFCA DB transfer questionnaires due this month
Questionnaires relating to defined benefit (DB) transfer activity will be sent to all firms holding the pension transfer permission this month, the Financial Conduct Authority (FCA) has confirmed. The...
View ArticleNew hope for pension scam victims from ‘landmark’ ombudsman ruling
Pension scam victims have received new hope as the result of a “landmark” ruling” by the Pensions Ombudsman, according to Royal London director of policy Steve Webb. The decision related to a police...
View ArticleRevealed (3): More shortlists – 2018 Women in Financial Advice Awards
Retirement Planner and Professional Adviser are proudly publishing the shortlists for the inaugural Women in Financial Advice Awards, the winners of which will be announced at a ceremony in London on...
View ArticleDB transfer members risk running out of money seven years earlier
A person transferring a £230,000 defined benefit (DB) pension could lose up to seven years of retirement income if they draw a fixed sum of £10,000 a year, according to XPS Pensions Group research. In...
View ArticleBernadette Lewis: Maximising pension contributions for shareholding directors
Shareholding director’s remuneration strategies Owners of small private limited companies can control the type of remuneration they receive. The traditional mix of low salary plus dividends survives,...
View ArticleLaw firm submits 500 cases to FOS against Liberty SIPP
A firm of solicitors has issued 500 cases to the Financial Ombudsman Service (FOS) against Liberty SIPP, on behalf of clients who it said had lost money after investing with the pensions provider. The...
View ArticlePensions dashboard petition attracts 125,000 signatures
A petition urging the government not to scrap its support for the pensions dashboard has attracted more than 125,000 signatures since its launch some three weeks ago. The petition is addressed to...
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Revealed (4): More shortlists – 2018 Women in Financial Advice Awards
Retirement Planner and Professional Adviser are proudly publishing the shortlists for the inaugural Women in Financial Advice Awards, the winners of which will be announced at a ceremony in London on...
View ArticleAdrian Boulding: FCA Retirement Outcomes Review shows consumer ‘self-harm’
I found myself in a good place after reading all 78 pages of the final report of FCA’s Retirement Outcomes Review (ROR). I felt that sort of bond and comradeship that you feel when you realise that you...
View ArticleRP case studies: Dealing with a decumulation pension rule quirk
In days gone by, people who had enhanced protection but without protected tax-free cash were entitled to the normal tax-free entitlement of a quarter of the standard lifetime allowance. This principle...
View ArticleRevealed: Final shortlists – 2018 Women in Financial Advice Awards
Retirement Planner and Professional Adviser are proud to publish the shortlists for the inaugural Women in Financial Advice Awards, the winners of which will be announced at a ceremony in London on 10...
View ArticleLandmark pension scam ruling: Did the Ombudsman get it wrong?
A failure to pass on warnings about pension liberation fraud has seen Northumbria Police Authority pay a high price following a Pensions Ombudsman ruling which commentators described as a “landmark”...
View ArticleOrigo launches transfer tracking service for advisers
Origo has launched a transfer tracking service, which will make it easier for advisers to track the progress of pension, ISA and GIA transfers. The service, which is available on the Origo Integration...
View ArticleNeil MacGillivray: Flat-rate tax relief raises its head once more
It is probably more than two years since the subject of flat-rate tax relief on pension contributions seriously reared its head, but the Treasury Select Committee has the put the topic very much back...
View ArticleBritish Steel adviser recovers transfer permissions after ‘thorough’ process
County Capital Wealth Management, which trades as The Pension Review Service, has become the first of the British Steel advisers to recover its pension transfer permissions after voluntarily giving...
View ArticlePension scam victims ‘lose £91,000 each’
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications. The advertising campaign comes...
View ArticleAndrew Pennie: Key retirement income research ‘ignores advice’
The Pensions and Lifetime Savings Association (PLSA) recently released its Hitting the Target – a vision for retirement income adequacy paper which made for interesting reading. The findings suggest a...
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