Investment

New rules allowing protected rights investment in SIPPs could leave savers exposed to huge losses due to a gap in compensation rules, AWD Chase de Vere warns.

Jason Walker, senior manager at AWD Chase de Vere, has warned that the move to include protected rights in SIPPs could leave investors exposed to huge losses in the event of a provider failure.

Xafinity Paymaster, a provider of outsourced pensions administration, is calling on the Pension Regulator to consider personal accounts as the default option for small businesses without pension provision.

Employee membership of occupational pension schemes fell by 400,000 in 2007, the Office for National Statistics (ONS) says.

A free guide for IFAs on the third way retirement product market has been launched.

A challenge to the right of employers to make people retire at 65 has been rejected by a senior legal adviser to the European Court of Justice.

Defaqto has published a free guide aimed to help IFAs understand the innovative third way retirement product market, listing 20 questions advisers should ask providers in their due diligence process.

Pointon York has announced its PY SIPP can now accept protected rights following changes in the rules made by the Government.

Just Retirement and 1st The Exchange have launched a new business tracking facility for the provider's equity release and annuities products.

IFAs have a tough time persuading apathetic, wealthy retirees to take action against the worrying effects of IHT and inflation, according to HFM Columbus.