Question: The amount of income an investor withdraws is generally reviewed every five years, but income drawdown investors may wish to make more frequent assessments of their situation…….a true statement? And what are the pro's of making such regular...
Aviva fears blanket pension reform will lead to employers switching to Personal Accounts post-2012, just to avoid the burden of extra administration.
Question: I have been advised by a broker friend that I should tell my clients to temporally stop or reduce withdrawals of Income Drawdown Funds, if the markets suffer another sever correction. This will avoid their pension capital being eroded. What...
SIPP operators are not responsible for providing sustainability reports or for vetting each application they receive for suitability of advice, the FSA's Small Firms and Contact Division has confirmed.
Question: My clients are using a variety of Income Drawdown services, which thankfully keeps me on my toes as I constantly review the pension funds on a regular basis which involves looking at the sustainability of the income and reviewing the investment...
Personal accounts are under threat as just one-in-five members of the public say they will remain enrolled in the proposed Government pension scheme, AXA research suggests.
Despite an increasingly busy fourth quarter for many in the industry, it is unlikely to have escaped too many people's notice that the possible impact of the "Solvency II" directive on annuities is already attracting a lot of negative and nervous attention....
Philip Brown and Simon O'Connor discuss with Helen Morrissey how variable annuities are regarded within the market and whether new products are likely to be able to make an impact
All 50,000 pages of current pension legislation would be the first item into SIPPs Room 101, Suffolk Life marketing director John Moret says...
L&G has come out against recent Aviva proposals for a standardised 30% rate of tax relief, saying such a scheme is "an attack on pensions savings".