Alliance Trust Savings has launched a webcast designed to help advisers understand the options for transferring in-specie assets into pension plans.
The firm says some advisers will still be unaware of the full extent of alternatives now open to them after pensions rules were relaxed in April 2006. It says the industry saw a flurry of last-minute in-specie transfers of assets into SIPPs ahead of the introduction of the single capital gains tax rate of 18% in April this year. Pensions development manager, Steve Latto, says: “Not all advisers are aware of the full extent of alternatives now open to them when they are considering in-specie contributions or transfers. “The new rules do offer more freedom for this kind of transfer and thi...
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