November 2017
EDITION

VIEW ONLINE
SUBSCRIBE

Register with PP

Newsletter, Jobs & Event Alerts

Latest - PENSIONS

  • Pension dashboard: Origo demonstrates adviser delegated authority

    22 October 2017

    Origo has developed and demonstrated how financial advisers can access a client’s pensions dashboard through secure, GDPR-complaint delegated authority. Origo has been working with O&M Systems, and demonstrating this functionality to key industry stakeholders. Paul Pettitt, Origo managing director, Origo, said the not-for-profit fintech company believes that delegated authority is key to ensuring better outcomes for...

    READ ARTICLE
  • Does 3% inflation make an interest rate hike imminent?

    19 October 2017

    Inflation levels in the UK rose to their highest level since 2012 in September, fuelling the expectation of an interest rate hike.   Official figures from the Office for National Statistics showed inflation crept up to 3% in September from 2.9% in August, as higher transport and food costs led to a widespread increase...

    READ ARTICLE
  • Tax breaks for young at expense of pension tax relief would be ‘nightmare’

    19 October 2017

    Pension experts have criticised reports that Chancellor Philip Hammond will offer tax breaks for younger workers paid for by cutting pension tax relief, hailing the idea a practical and political “nightmare.” The Chancellor of the Exchequer is believed to be exploring ways in which he can promote “intergenerational fairness” in next month’s Budget in...

    READ ARTICLE
  • Is this a coherent pensions strategy?

    18 October 2017

    Mike Morrison, head of Platform Technical, AJ Bell, says he’s pleased the pensions freedoms are being kept under review but… Whilst I was travelling around the country talking about defined benefit transfer values (DB TVs), it was announced that the Work & Pensions Committee, under the Chairmanship of Frank Field, was to launch a...

    READ ARTICLE
  • DB pensions transfers suitability – where we see failings

    17 October 2017

    Steve Bailey, director of compliance consultancy ATEB Consulting, is not surprised by the recent figures published by the Regulator on DB transfer suitability and says, in his experience, there is one main area where the suitability process falls down. ATEB regularly undertakes file checks on defined benefit transfers. We frequently reject cases, primarily as the...

    READ ARTICLE
  • Collapse of Monarch airlines is warning to pensions savers

    17 October 2017

    The collapse of Monarch airlines has left yet another pension fund in question, and should serve as a warning to those on the cusp of retirement, says the CEO of deVere Group. Nigel Green, founder and CEO of deVere Group, says the high profile collapse of the airline, together with accusations of asset-stripping, should...

    READ ARTICLE
  • Industry must evolve to meet the requirements of female clients

    17 October 2017

    The financial industry must do more to meet women’s advice needs, with a new report revealing they are put off by the “aggressively masculine” world of financial services. The report, published by research firm Kantar, highlighted the differences between male and female perceptions of advice and found the industry must evolve to meet the...

    READ ARTICLE
  • Case study: A costly LTA mistake

    12 October 2017

    Martin Tilley, director of Technical Services, Dentons Pension Management, describes how a non-advised action by a husband cost his wife her Lifetime Allowance protection The role of a self invested personal pension (SIPP) operator is to provide the regulatory and legal structure of the SIPP as well as the administrative services needed to run...

    READ ARTICLE