Prudential has won its High Court dispute with members of its pension scheme over changing the basis on which it granted discretionary increases to pensions in payment.
The Prudential has written to 39,000 customers saying it valued their pensions incorrectly.
SIPP and wrap providers who do not currently pay VAT on fees for their services could find they are actually liable, warns Malcolm Small, policy director at the Tax Incentivised Savings Association (TISA).
Each month, we ask leading industry figures to answer one big question... How well prepared do you feel the industry is for the advent of capped and flexible drawdown?
In this month's Inquiry, we ask readers to give us their views on the SIPP market - Helen Morrissey goes through the results
Helen Morrissey asks whether providers will be ready for the introduction of flexible drawdown in April and asks why other providers prefer to delay until later in the year
John Lawson discusses how new pensions rules are increasing flexibility
Jeremy Pearson highlights the important role gift and loan trusts can play in an inheritance tax strategy