Rachel Vahey

Lifetime allowance cut is a tax grab with both hands

Blog: ‘Put simply drawdown is not the right solution for everyone’

The vast majority of IFAs believe new retirement solutions are needed to meet their clients' changing needs, according to a survey by Aegon.

There's been a lot of discussion about personal accounts in the last few weeks. In mid-June the DWP issued its statement on the responses it received to the White Paper consultation earlier this year, and took the opportunity of making some decisions...

A piece of European legislation is posing a big headache for government and industry in working through the intricacies of pensions reform policy.

A-day has been part of my life for the last five years. I have been involved with its development, from its original launch in the Green Paper in December 2002 (Simplifying the taxation of pensions: increasing of choice and flexibility for all).

The activity level in pensions lobbying circles has recently edged up a notch or two. We received the White Paper on personal accounts just before Christmas, and now are turning our attention to drafting a response by the deadline of 20th March.

Let's face it - advising someone on whether they should transfer their deferred benefits out of a final salary scheme is one of the trickiest things for pensions advisers.

I am beginning to dread the use of the words 'simplify' and 'simplification' by the government. Often, it leaves me feeling more confused than ever.

It's shaping up to be an autumn crammed full of government announcements on pensions reform, including personal accounts.