SIPP providers are being warned of the pitfall within the Inland Revenue Integrated Model Rules regarding Inheritance Tax (IHT) and its consequences for members.
New regulations announced by Pensions Minister Malcolm Wicks will offer owners of stakeholder pensions the choice to move their pensions into less volatile investments as they approach retirement.
New pension simplification regulations concerning contracting-out of the state second pension scheme are to be released for consultation, Pensions Minister Malcolm Wicks has announced.
Supermarket-type incentives would encourage people to pick up their savings initiatives, new research indicates.
Britains aged 65 and over will exceed 20% of the countries population by 2025, says the government.
Post A-day rules that limit the maximum income available from drawdown (unsecured income) have been altered.
Author of the Pension Commission's recent report has called for public debate on pensions, including policies which will match up to what people consider to be and adequate pension.
An IFA is urging former property owners continuing to 'use and benefit' from the property to be aware of new tax rules taking effect on 6 April.
The Government's pension credit scheme is still failing to reach a large portion of pensioners because of a low understanding of the system by potential beneficiaries.
Pensions expert Stewart Ritchie has called for clarification on inheritance tax treatment of pension funds transfers between generations to be included in the government's budget speech next week.