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pensions

Investment

IHT on pensions could see double tax for ASP

Advisers should be aware there may be a double tax charge on Alternatively Secured Pensions (ASP) in some cases following the Budget's announcement on Inheritance Tax (IHT) rules for pensions, claims Skandia.

clock 13 April 2006 •

Investment

Revolving door at DWP is adding to pension crisis

The latest IFA barometer from Sesame reveals advisers believe the 'revolving door' of ministers at the Department for Work and Pensions (DWP) is adding to the problems in the pensions market.

clock 13 April 2006 •

Investment

Pensioners consider lodgers to fund retirement

Nearly a quarter of pensioners believe they do not have enough money for retirement and are considering either selling their home or taking in a lodger, claims research from Prudential.

clock 13 April 2006 •

uncategorised

Tax on trusts could still be retrospective - papers 13th April

SOME LIFE ASSURANCE policies written in trust could still be hit by a new tax charge despite government assurances to the contrary, life assurers have warned, reports The Financial Times .

clock 13 April 2006 •

Investment

Clerical Medical offer additional commission option

Clerical Medical has announced plans to increase their commission flexibility with the launch of a Stepped Charge Option for group pensions.

clock 13 April 2006 •

Investment

Scot Eq launch post-Aday adviser roadshows

Scottish Equitable is to begin its latest series of IFA roadshows on the challenges facing advisers post A-Day at the end of next week.

clock 12 April 2006 •

Investment

Private pension income outperforms the State

Average income from private pensions has tripled compared to the growth in state pensions since 1979, claims a pensions report from Clerical Medical.

clock 12 April 2006 •

uncategorised

Big Four are not anti-competitive - papers 12th April

A LONG-AWAITED report into the dominance of the Big Four accounting firms was welcomed by auditors yesterday after it declined to make any policy recommendations, reports The Times .

clock 12 April 2006 •

Investment

One in five prefer shopping to pension saving

One in five adults are more likely to spend their spare cash at the end of the month on a shopping spree or a holiday than save for retirement, claims Aon Consulting.

clock 11 April 2006 •

Investment

Wood's Paternoster gets £500m from Deutsche Bank

Deutsche Bank and Eton Park International LLP are leading a consortium of backers for Mark Wood's new company Paternoster Limited, after announcing an investment of £500m of equity financing.

clock 11 April 2006 •
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