Pensions

SIPP transfers are set to soar in early 2009 due to the ability to transfer protected rights, according to Fidelity FundsNetwork.

Personal Accounts will cost UK businesses almost £3bn each year after 2012, according to consultancy firm, Mercer.

Dentons Pensions Management has today revealed plans to expand its presence in the SIPP market.

Hornbuckle Mitchell saw SIPP and SSAS business grow by 24% during 2008, with a surge in interest since the beginning of the financial crisis.

LV= plans to re-position its SIPP with a simplified charging structure to make the product easier for investors to understand.

Rowanmoor Pensions plans to launch a bespoke SIPP later this year, it has been revealed.

An average male coming up to retirement who has invested in a Scottish Widows with-profits personal pension policy over 20 years will see £10,000 wiped off the value of his fund compared to the same time last year.

2009 will be an interesting year for SIPPs. The collapse of interest rates will mean increased clarity in fee structures as certain providers won't be able to prop up their cheapish looking fees by relying on taking up to 1.5% of the interest rate earned...

Standard Life has been selected to provide a corporate SIPP to BT's 20,000 defined contribution (DC) members.

As more companies look to employ people overseas, Julian Webb looks at the challenges this can place on pension arrangements