There seems to be real concern about reform of pensions taxation, as lack of clarity on rules and regulations are confusing matters rather than simplifying understanding.
While the government is keen to show the electorate it is thinking about the future of pensions, it has a habit of announcing big ideas without supplying any of the detail needed to help the industry advise clients and companies who already have pensions packages. One of the biggest issues over the last month which companies are struggling to get any clear answers to is the tax implications of Sipp investments and what can actually be invested inside the pension wrapper before and after A-Day. So far, IFAonline has been able to ascertain the Revenue will not issue guidance on whether ...
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