SIPP

RETIREMENT

Many people who have SIPPs already meet the minimum income requirement through other pensions such as historic final salary schemes. This can be a real benefit for those who need some extra income but want to preserve death benefits.

Retirement Planner's round-up of the top pension stories this week.

Corporate wraps giving 'blue collar' workers access to self-invested personal pension (SIPP) products will never break through traditional barriers like employee engagement, according to LV=.

SIPPs

FIVE KEY Qs

Stephen Hunt, founder of retirement specialist Rockingham Independent, owes the company almost £100,000, according to a report by liquidator Probitas.

The Financial Services Authority's (FSA) proposed reforms to rules on self-invested personal pensions (SIPPs) do not go far enough to tackle malpractice, according to John Moret, director of MoreToSIPPs.

IFG Group, the firm which owns SIPP provider James Hay Partnership and IFA firm Saunderson House, has announced 2011 profits of £12.2m.

The Financial Services Authority (FSA) has removed the permissions of SIPP provider HD Administrators (HDA) with immediate effect after two directors were arrested.