Nicholas Acomb, partner at law firm Stevens & Bolton, looks at the inheritance tax obstacles you need to overcome when transferring policies into trusts.
With the removal of compulsory annuitisation, for the first time advisers will be able to consider lifetime financial and investment planning within a pensions tax wrapper.
Standard & Poor's (S&P) has improved Royal London's rating outlook to ‘positive', saying the life company is now a more competitive force in the UK market place.
The Government is expected to throw its weight behind the scrapping of compulsory annuitisation when it launches a consulation on pensions funding tomorrow.
Reforming the Age 75 rule will reinvigorate the retirement income market but care should be taken not to undermine the annuity sector, the ABI warns.
Strengthening state pension provision is key to helping people develop a decent income in retirement, according to pensions minister Steve Webb.
Enabling people to work one more year after the state pension age could result in a GDP increase of 1% or £13bn, says L&G's Adrian Boulding
The Government is set to index private sector pension increases to the CPI in a move that could cut £100bn from scheme liabilities.
An IFA firm fined more than £20,000 by the FSA for poor pensions advice admits it failed to produce a single compliance report on pension switching in two years.
Paul Davies reviews the way trusts and life assurance policies can be used to meet succession planning challenges and considers some of the issues arising