pensions

Scottish Equitable's pensions experts are hitting the road again with a series of 16 pensions roadshows, to help IFAs prepare for pending pension reform.

Government officials are wrong to suggest only a small number of people will take advantage of the coming pension simplification rules allowing investment in residential property, warns Steve Bee.

People opting for enhanced protection post A-day could face a £3,000 fine if they fail to tell the Inland Revenue they have swapped to primary protection, warns industry expert Steve Bee.

The Inland Revenue has left the proposal on Alternative Secured Income (ASI) more or less unchanged despite the fact it is opening up a tax-avoidance loophole, suggests a pension expert after her initial reading of the Finance Bill.

Lifetime and annual allowances will change in the first five years according to the following tables published in the Bill today.

Directors could soon be able to contribute up to £215,000 a year each to their own or their employees' pension schemes without paying any additional tax regardless of salary, says Steve Bee.

US president Franklin Roosevelt's words ending the era of prohibition have come back to haunt the pensions industry with Halifax' suggestion people give up their daily pint and packet of crisps in favour of £3 a day towards their pension pot

Truro-based Worldwide Financial Planning Limited has begun expanding its empire and recruited five staff - including three advisers - from BDO Stoy Hayward Wealth Management in Birmingham.

COMPENSATION COSTS to employees who lost their retirement funds in failed company pensions could be much lower than expected, according to comments from the Association of Corporate Trustees in this morning's Daily Telegraph.

Pensioners still risk breaking pensions legislation if they decide to invest their pension pots into residential property, once simplification rules come into force in April 2006, warns a pension expert.