Retirement

Hornbuckle Mitchell has created a dedicated administration team to help IFAs efficiently place new business with the SIPP specialist.

The Government wants the UK insurance industry to work more closely with it to manage risks in society.

The FSA has been accused of betraying with-profits investors by allowing insurance companies to continue making compensation payments from inherited estates.

Andy Zanelli, head of professional edge technical sales at AXA Winterthur Wealth Management, says the importance of regular client reviews, particularly in the current economic conditions, cannot be over-emphasised.

Major flaws exist in the equity release advice process, according to an undercover investigation which found some IFAs are failing to ask clients even the most basic fact find questions.

The Government has rejected renewed calls to provide compensation to Equitable Life policyholders who lost out when the insurer was forced to close to new business in 2001.

Problems with pension transfers are becoming more common, and accounted for one in five complaints received by the Pensions Ombudsman in the last financial year.

Question: A self-invested personal pension is invested in taxable property. What are the tax charges & subsequent rates & who is liable for each individual tax charge?

IFAs shunned commercial property facilities when choosing SIPPs during 2008 with their major priority being FSA approval for the products, according to figures from Defaqto.

The Government has brought forward its review of the UK's retirement age, it has confirmed today.