Pensions industry deserves a ‘breather’
The pensions industry needs a post-election breather, although such respite is becoming increasingly unlikely amid debates around the radical new pension freedoms coming in April, […]
Press and Media
Experts warn on looming hike to SIPP charges
Discussion on the likely rise in fees die to the changes due diligence requirements and capital requirements. Read more on Money Marketing
Back to basics: What is a SSAS?
Claire Trott of Talbot and Muir explains the basics of small self administered schemes (SSASs). Read more on Your Money
Like it or lump it ‘flump’ is here to stay
Will Robins discusses the new acronyms brought about by the pension reforms. Read more on Citywire
Autumn Statement: No death tax reprieve for scheme pension payments
The changes announced regarding joint life annuities and guarantee periods in the Autumn Statement doesn’t extend to scheme pensions. Claire Trott, discusses with Will Robins. […]
Provider refuses non-advised transfers amid death tax cuts
Claire Trott reiterates the need for advice when dealing with transfers from defined benefit schemes to take advantage of the new pensions freedoms. Read more […]
Market View: Death tax move will lead to rush of transfers
Claire Trott, Head of Technical Support comments on the changes announced in the Autumn Statement Read more on FTAdviser
Gov’t targets £60m savings from pension freedoms in 2015/16
Following details of the costings for the Autumn Statement, Claire Trott comments on the impact of the Money Purchase Annual Allowance rules. Read more on […]
Industry blasts ‘unfair’ pension death tax reforms
The drawdown death benefit changes favour those that have not needed to access their dependant’s drawdown fund over those that have needed the income. Claire […]
Want a ‘cash machine’ pension? It’ll cost you
Cost associated with pensions reforms are discussed by Katie Morley, with comments from Claire Trott. Read more on The Telegraph
More UK pension savers head for capped drawdown
The FT states “Sales of capped drawdown pensions have surged as individuals who want to start taking pension benefits seek to avoid a lower pensions […]
Advisers call for capped drawdown to remain open
Talbot and Muir’s continuing fight to keep capped drawdown for those that want the contribution flexibility. Read more on Money Marketing Read more on FT […]
How the pensions revolution can land you with a £300 fine
The small print of the new pensions freedom brings with it the chance of fines for not disclosing details to pension providers. Read more on […]
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 […]