Winterthur

Winterthur Life have announced they will not only be keeping open their Executive Pension Plan (EPP) after A-Day, they will also be acting as scheme administrator.

A pensions expert says it is too late to backtrack on pensions simplification, with the wheels already in motion towards 6 April 2006.

Winterthur Life UK has today launched a flexible Self invested personal pension (Sipp) in anticipation of the new A-Day rules due to come into force next year.

Retirement specialist Winterthur Life is on the road again during May and June to discuss the opportunities facing IFAs ahead of A-Day.

A pension specialist has endorsed the benefits of using Trustee Investment Plans within pension plans including a Self-Invested Personal Pension (SIPP).

Advisors are cottoning on to the importance of a fast approaching A-Day, as take-up of providers roadshows is climbing with the realization of work required from IFAs before April 2006.

Winterthur Life UK has followed up an announcement by parent Credit Suisse Group by stating it is sticking to a strategic plan to focus on particular markets of clients and increase its sales force by a third.

AIFA director general Paul Smee and director of policy Fay Goddard will headline as guest speakers during a month long UK roadshow being hosted by Winterthur Life.

IFAs need to prepare a checklist and start reviewing their clients' portfolios NOW if they want to avoid being accused of giving less than adequate advise on pending pensions legislation, warns Winterthur Life.

Consumers should be scared into long-term savings if Britain is to avoid seeing the current savings gap turn into a full-blown pensions crisis, warns a pension expert.