Time of change for the SIPP market

clock

John Moret discusses how the coalition government may affect the SIPP market

When I agreed to draft this article I had no idea that we would witness such extraordinary post-electoral developments culminating in the first coalition government and cabinet for 65 years. One immediate benefit has been the publication of a "coalition agreement" which describes policy issues where agreement has been reached. In the context of SIPPs I would suggest that there are two important issues that are covered in the initial agreement - as follows: • To end the rules requiring compulsory annuitisation at age 75 • Increases in capital gains tax rates for non-business assets ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •