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.
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.
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.
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 .
Clerical Medical has announced plans to increase their commission flexibility with the launch of a Stepped Charge Option for group pensions.
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.
Average income from private pensions has tripled compared to the growth in state pensions since 1979, claims a pensions report from Clerical Medical.
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 .
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.
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.