Harsh fines and DB transfer confusion could hit Budget pension freedoms

Savers’ ability to access the Budget pension freedoms is at risk of being hampered by harsh new penalties and growing amounts of legislative small print. […]

Tax threat to pension cash withdrawals

Savers planning to take advantage of new freedoms to cash in their pensions have been warned that they could be subjected to 45 per cent tax on […]

Govt criticised over ‘harsh’ Budget freedoms disclosure penalties

Experts say the Government must rethink a new requirement for individual scheme members to alert providers when they access the Budget pension freedoms. Includes comments […]

Drawdown showdown looms as pension changes rumble on

Excitement over the pension freedoms shows no sign of fading. Despite cries of ‘no news here’, the Treasury re-ignited the debate with its publication last […]

‘Death tax’ cut to prompt pension property boom

The abolition of the lump sum death benefit charges could see great flexibility for SIPP and SSAS savers. Read more on FTAdviser

Savers given new admin headache when they access pensions

Those that choose to use their pensions as a bank account may see an increased burden of reporting themselves. Read more on Money Marketing.

Govt moves to close flexible annuity recycling loophole

Pension providers hoping to launch flexible annuity products have been dealt a blow after the Government revealed they will be subject to a lower annual […]

Pension ‘bank accounts’: how they will work in practice

In March George Osborne introduced the concept of being able to cash in your pension pot in one go, no matter how big or small […]

Advisers brand death tax changes ‘too good to be true’

Advisers have sounded a cautious note over the abolition of the 55 per cent ‘death tax’ on pension funds passed on after death, branding it […]

Treasury set to confirm open access pension lump sum

Retirees will be able to take lump sums whenever they want and in as many withdrawals as they like under rules set to be confirmed […]

Death tax cut further benefits capped drawdown ‘loophole’

Some providers have predicted a further wave of advisers moving clients into capped drawdown pre-April 2015, following chancellor George Osborne’s announcement that he would abolish […]

Providers hit out at FCA over thematic review findings

Providers have criticised the Financial Conduct Authority for failing to publish details of findings of its latest thematic review into self-invested pensions, warning that if […]

Pension balancing act could see retirement perks cut

Michelle McGagh looks at the possible price that could be paid for the new pensions flexibilities. Read more on The Lolly from Citywire Money.

New website launched

We are pleased to announce the launch of our new look website today. The new site features a total new layout to help you find […]

Chancellor delivers another blow to annuity market

Today’s (29 September) announcement that the 55 per cent ‘death tax’ on pensions is set to be abolished was welcomed by providers, however several warned […]

Digging deeper into the pension reforms

Claire Trott, Head of Technical Support takes a closer look at the intricacies of Budget reforms Read more on Professional Adviser.

SSAS customers risk devastating tax hit under new anti-liberation rules

Changes to the guidance on what constitutes a fit and proper pension scheme administrator designed to combat pensions liberation could have implications for those administering […]

MP: ‘Pensioners need help on pension flexibility’

Savers could face heavy penalties under the changes to pension flexibility, Gregg McClymont has warned. Claire Trott, Head of Technical Support comments. Read more on FTAdviser

Guide to Pension Liberation

“Pension liberation” has recently been rebranded as “pension scams”; the former aspirational label has been replaced with the harsh reality. Any scheme which offers money […]

Advisers in pensions advice limbo

Claire Trott, Head of Technical Support talks about the challenges currently facing advisers. Read more on FTAdviser

Dear CEO: What the latest SIPP reforms mean

Fiona Murphy takes a closer look at the Financial Conduct Authority’s (FCA) capital adequacy reforms, thematic review and ‘Dear CEO’ letter for SIPP operators. Comments […]

Political Stage – Stranded

The Financial Conduct Authority’s new regime for self-invested personal pensions is flawed reports Ceri Jones, financial journalist. Comments from Claire Trott, Head of Technical Support […]

Income drawdown Survey August 2014: Trouble ahead?

Charlotte Richards reviews income drawdown products and providers whilst looking at the industry as a whole. Comments from Claire Trott, Head of Technical Support. Read […]

Guide to Sipp Charges

Given the spotlight the Financial Conduct Authority recently through on mortgage borrowers being trapped by lenders, many Sipp providers FTAdviser has spoken to expect a […]

Sipp Strategies: Use Budget rules to pay off mortgage with pension

Julie can use her Sipp to pay off her mortgage without compromising her death benefits if she waits until April 2015 to take an uncrystallised […]