A former Nursing Home Fees Agency (NHFA) adviser has scoffed at banking giant HSBC's attempts to distance itself from a mis-selling scandal which led to almost 2,500 pensioners being sold unsuitable investment bonds.
MPs have questioned the role of the National Employment Savings Trust (NEST) since other master trust pension schemes have entered the market.
The expected consolidation of providers in the SIPP market is being held up by fears over increased capital adequacy requirements, a provider has said.
James Hay Partnership is to close its family SIPP product to new business due to a lack of adviser demand.
The government has exempted the lowest paid members of the NHS pension scheme from reforms next year.
Her Majesty's Revenue and Customs (HMRC) has proposed a new set of rules to cut down on the abuse of qualifying recognised overseas pension schemes (QROPS).
If your client has failed to leave a valid or up-to-date will, a deed of variation could be the tax-efficient answer, writes Paul Thompson, tax & estate planning consultant at Canada Life.
Delays to pension reform will heighten rather than ease firms' anxiety about being ready for auto-enrolment, advisers claim.
Auto-enrolment for small firms has been delayed by a year, but the reform is still an opportunity for firms to move to profitable corporate advice. Three advisers have given us their models to consider.
Andy Zanelli goes through the issues surrounding pension commencement lump sums