Judging by the number of times I’m asked about it, the government can be relieved that many...
Pensions
“Claims to head to FSCS as £26.7m Sipp firm fails”
Yawn. Here we go again. More compensation paid out to punters, lured into transferring their...
“How to fix Generation X’s looming pension emergency”
Many pretty-comfortable retired clients (the Boomers) worry that their children (the Millennials),...
“Govt rejects Treasury committee calls on pension tax reforms”
As has been the case for the last forty years or so, lots of noise made about ditching high rate...
“DWP considers single annual charge for workplace pensions”
Once again, those holding lengthy meetings and internal consultations do not understand the real...
“FSCS pays out £22.5m on failed Sipp”
It’s not me who’s the stuck record. It’s the idiots who repeat, or allow others to repeat, year...
“Pension consolidators – a threat to the advice industry”
Remember the ‘milk round’? No, not Ernie and his gold tops (kids etc.), this was when big...
“Advisers urged to encourage ‘frugal’ retirees to spend more”
I’m usually asked by those about to retire ‘how much can I get from my pension?’ My answer...
“Millions of self-employed face ‘severe financial difficulties’ in retirement”
There are a lot more people supposedly enjoying the freedom and tax-efficiency of running their...
“FSCS receives 1,000 claims against troubled Sipp provider”
Once again, the Financial Services Compensation Scheme (FSCS) is to shell out to investors whose...
‘Govt confirms pension freedom age hike to 57’
If you were born in 1973 or thereafter, you’ll have to wait another two years before you can get...
‘The Perils of Short-Term Thinking’
Both long-term care and pensions are a mess because every new government either dodges the issue...
“Pension withdrawals fall 17% as savers use ‘common sense'”
Call me an old cynic but I really don’t think Covid has heightened anyone’s common sense. Those...
“ABI revives call for flat rate pension tax relief”
Here’s another tax change which, as often rehearsed on these pages, has been on the cards for 40...
Regulator puts a stop to pension switch fees
So the regulator has taken action, as expected, on transfers from final salary pensions. Most...