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Retirement

Investment

Budget: HMRC revise recycling legislation

Her Majesty's Revenue and Customs (HMRC) have released revised draft legislation and guidance on the recycling of tax free cash.

clock 22 March 2006 •

Investment

Budget: ASPs are subject to IHT

Pensioners with an alternatively secured pension will find their pensions are subject to inheritance tax after A-Day, HM Customs and Revenue has just confirmed.

clock 22 March 2006 •

Investment

Budget: IHT threshold to rise to £325,000 by 2009

The Chancellor has increased the Inheritance Tax threshold from £275,000 to £325,000 ensuring 90% of estates pay no tax.

clock 22 March 2006 •

Investment

PPF and PMI to host trustee workshops

A series of pension trustee workshops are to be jointly held by the Pension Protection Fund (PPF) and the Pensions Management Institute (PMI).

clock 22 March 2006 •

Investment

DWP to legislate pension transfer values

Stephen Timms, Minister for Pensions Reform, has announced the Government will shortly be issuing draft legislation on the calculation of pension transfer values.

clock 21 March 2006 •

Investment

Pensioners urged to take more risks at retirement

As it is no longer compulsory for pensioners to buy an annuity, and with an increase in longevity, pensioners should take more risks with their investments, claims Jupiter.

clock 21 March 2006 •

Investment

PMI to offer online student support

The Pensions Management Institute (PMI) has teamed up with Anthony Hodges Consulting to offer web logs and chat rooms as a way of students sharing learning.

clock 21 March 2006 •

Investment

Pensions law is added to trustee toolkit

A module on pensions law is the latest addition to the Pensions Regulator's free e-learning service the Trustee Toolkit.

clock 20 March 2006 •

Investment

Need for annuity body to help consumer awareness

Specialist annuity advisers should form a promote a trade body to help consumers shop around and take advantage of the open market option (OMO) on annuities, claims a new report by the Pensions Institute.

clock 20 March 2006 •

Investment

NPSS not as safe as Commission claims

The introduction of a National Pensions Savings Scheme (NPSS) or alternative model is not as safe as the Pensions Commission would have us believe claims Scottish Life.

clock 20 March 2006 •
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