pensions

The changes in the rules affecting residential property as an investment will result in a reduction in the amount of self invested personal pension (Sipp) business according to new research published today.

CASH-STRAPPED companies will be able to reduce their payments to the Government's pensions lifeboat in return for promising their headquarters to their final salary scheme, according to the Times .

Jo Smith, consultant at Teamspirit, explains exactly what the pre-Budget report means for pensions ahead of A-Day as well as the implications and remedies now for both clients and intermediaries.

Industry officials say a contributory factor to the Treasury's withdrawal of tax relief on residential property in sipps could be because launch of the computer system to monitor such investments was at least six months behind schedule.

Legal and General has unveiled a series of marketing tools to help advisers encourage clients to take advantage of the "carry back" rule before it is abolished.

Thousands of UK companies will put more effort into improving their credit rating to reduce their Pension Protection Fund levies, than they will into dealing with pension scheme deficits, suggests research from Aon Consulting.

FIGURES OUT next month are expected to show more British businesses than ever before are cutting dividends because they need cash to cover black holes in their pension funds, according to the Times .

New funding regulations for defined benefit (DB) occupational pension schemes have been laid before Parliament, ready to come into force from December 30.

Suffolk Life has launched a new look website designed to help advisers in their pre and post retirement planning for A-day and beyond.

Ian Naismith, head of pensions market development at Scottish Widows , explains the refined rules governing property in pensions since changes were announced in the pre-Budget Report, and what clients holding property should do now.