Hornbuckle Mitchell

Hornbuckle Mitchell has launched Flexible Income Pension Plan (FIPP) to allow retirees using income drawdown to tailor benefits closer to their own needs.

SIPP and SSAS specialist Hornbuckle Mitchell has appointed Peter Green as non-executive director.

HM Treasury has "shot itself in the foot" by refusing to reconsider the borrowing rules introduced on A-Day for buying commercial property through SIPPs, claims Hornbuckle Mitchell.

The pensions industry has been left disappointed by the Prime Minister's response to a petition calling for the abolition of the 70% tax charge on funds left from Alternatively Secured Pension.

The Financial Services Authority should clearly state what action it intends to take if companies offering self-invested personal pensions continue to operate without approval after 6 April.

Changes to the borrowing limits on commercial property in self-invested personal pensions (Sipps) and small self-administerd schemes (Ssas) could be acting as an entry barrier for smaller businesses, claims Hornbuckle Mitchell.