Retirement

SIPPs

PENSION TRANSFERS

Plans to use self-invested personal pension (SIPP) providers' assets under management (AUM) as a factor in determining capital adequacy levels is a mistake, Dentons Pensions has said.

Financial planning firm Henwood Court has written an open letter to Chancellor George Osborne calling on him to abandon auto-enrolment for firms with fewer than 50 employees.

AUTUMN STATEMENT

Pension and wrap provider James Hay Partnership has unveiled its post-Retail Distribution Review (RDR) platform pricing model for its self-invested personal pension (SIPP) Investment Centre.

The Financial Services Authority (FSA) has banned a partner at a self invested personal pension (SIPP) operator at the center of fraud proceedings for failing to keep informed about management decisions at the firm.

Politicians on both sides of the house have cautiously backed the industry code of conduct on charges as a first step to improving transparency.

Millions of people are postponing retirement and plan to keep working for an additional six years as their pension savings are too low, according to LV=.

A code of conduct on pension charges levied by providers and advisers has been launched to bring consistency to the workplace pension market.