Billy Mackay discusses a recent tribunal case affecting inheritance tax and pensions
Advisers have warned a significant number of their drawdown clients will be stuck in poor value pension schemes for years to avoid a 55% tax penalty the HMRC assured providers "wouldn't be an issue".
SIPP exit fees have become so high they are breaking TCF obligations, according to Dentons Pensions Management.
ETF trading activity has significantly increased among advisers using the A J Bell Sippcentre platform.
Billy Mackay attempts to cut through the confusion regarding SIPP flexibility
Retirement Planner caught up with AJ Bell's marketing director Billy Mackay to discuss their recent win at the Professional Adviser Awards
Almost half a billion pounds of pension funds were transferred abroad in the first two years after pensions simplification to escape alternatively secured pension tax penalties, A J Bell says.
Less than 3,000 people have taken out an alternatively secured pension (ASP), according to AJ Bell.
AVD, the Austria-based provider of traded endowment policies (TEPs), is launching in the UK.