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Pension

uncategorised

Pension input changes 'appalling', experts warn

The proposed changes to pension input periods (PIPs) are "appallingly drafted" and will lead to further confusion over pension tax, experts have warned.

clock 12 April 2011 •

Investment

Blog: Asset managers not acting in clients' best interests

It is often said those that fail to learn from history, are doomed to repeat it.

clock 08 April 2011 •

Income Protection

'Coping classes' vulnerable to losing income - Friends Life

Over half of middle income households are vulnerable to losing their primary income, according new research.

clock 06 April 2011 •

uncategorised

Judge intervenes to end HMRC v QROPS trustee battle

A high court judge has moved to bring an end to a three-year legal battle between HMRC and a qualifying recognised overseas pension scheme (QROPS) trustee.

clock 25 March 2011 •

With Profits

FSA admits with-profits probe was 'unsatisfactory'

The FSA says its research into the mutual sector was "unsatisfactory" but it has not changed its view that policyholders are entitled to all the proceeds of with-profits funds.

clock 24 March 2011 •

Investment

Providers welcome FSA's non-prescriptive charging guidance

Providers have welcomed the FSA's Consultancy Charging Working Group's review, but emphasise the need for the resulting guidance to be non-prescriptive.

clock 22 March 2011 •

uncategorised

Nuns sue archbishop for right to ditch pension fund

A group of nuns are suing the Boston Archdiocese and their cardinal and have demanded $1.4m out of their pension pot.

clock 22 March 2011 •

Economics / Markets

Osborne plans biggest tax avoidance clampdown since 2004

The Chancellor will use Wednesday's Budget to announce the biggest clampdown on tax avoidance since 2004, raising twice as much as the £500m a year predicted when the initiative was launched last December.

clock 22 March 2011 •

uncategorised

Ombudsman rebukes Hornbuckle for 'poor service'

Hornbuckle Mitchell has been ordered to pay compensation to the estate of a client after its poor service caused a terminally ill man "distress and inconvenience".

clock 21 March 2011 •

Regulation

Lords approve RPI/CPI indexation switch

The switch from RPI to CPI for pension indexation moved one step further in the legislative process yesterday after it was approved in the House of Lords.

clock 15 March 2011 •
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