Retirement

Guernsey sees the introduction of its QROPS Code of Conduct as a distinct feather in its cap for attracting expatriates seeking an offshore home for their pension wrappers.

Financial secretary to the Treasury Mark Hoban has confirmed the government is on track to begin paying compensation to Equitable Life victims before the end of June.

The Pensions Bill has moved to the House of Commons with one additional amendment: to strengthen the regulatory framework of the alternative certification model.

Gerry Brown discusses the benefits of IHT planning

AJ Bell boosted its assets under administration 20% in the six months to the end of March, from £12.6bn to £15.1bn.

Just Retirement's annuity sales for the three months to 31 March 2011 fell year on year, but the group was buoyed by strong equity release figures.

Montpelier Pension Administration Services (MPAS) is planning to sell its SIPP business.

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).