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Your Business: Retirement Centre

Why now's the time to act on the lifetime allowance

by Nigel Orange on May 24, 2012 at 14:15

With a reduced lifetime allowance this tax year, advisers must calculate its effect on protected tax-free cash to consider whether their clients have the appropriate protection in place, writes Nigel Orange.

Partnership and Openwork strike annuity deal

by William Robins on May 24, 2012 at 11:02

Partnership is to become the sole standard and enhanced annuity provider for Openwork and has made a ‘significant’ upfront payment to build new systems for the multi-tied network.

Why a new model annuity push is needed

by William Robins on May 23, 2012 at 12:17

The Association of British Insurers has promised an annuity shopping-around directory, but its listing of ‘experts’ does nothing to address the wide variety of client needs nor to match clients with a suitable adviser.

Regulator’s pension plans will create 'perfect storm' for Sipps

by William Robins on May 16, 2012 at 11:16

Sipp providers are bracing themselves for extra workload and mounting costs as they struggle to implement changes to key features illustrations, and have appealed to the Financial Services Authority to hold off while the regulator pursues several other reforms expected to affect projections.

Take care with transfer advice as DB schemes cut members

by William Robins on May 11, 2012 at 11:10

The Pensions Regulator has refused to allow pension schemes to adjust for the effects of quantitative easing on defined benefit scheme liabilities. Many businesses are struggling under the burden, and calls to keep more schemes open, and allow fewer transfers out, may be asking for the impossible.

The Wrap Factfiles: All you need to know about Sippcentre

by Iain Martin, Alex Steger on May 10, 2012 at 13:01

AJ Bell’s Sippcentre added an ISA and dealing account to its Sipp last year to establish itself as a platform contender. Here we examine its proposition.

Why drawdown holds fewer drawbacks for younger retirees

by Brian Bradley on May 10, 2012 at 10:42

Despite concerns about low interest rates, drawdown is still a viable option for those planning to retire relatively young, but for those retiring over 75 an annuity is often the best choice, writes Brian Bradley.

How to put your PIPs in order

by Fiona Tait on May 09, 2012 at 10:46

Maximising a client’s tax relief in a single tax year can be complicated if they have more than one pension plan with differing pension input periods. Fiona Tait explains how to do it.

How your corporate clients can practice safe sectionalisation

by Jamie Clark on May 03, 2012 at 15:39

After auto-enrolment some employers may want to make use of sectionalisation, which will allow some employees to make lower contributions, although there are pitfalls to consider.

Why a high-value state pension is best insurance for the elderly

by William Robins on May 03, 2012 at 15:36

While poor growth and a gloomy investment outlook may merely depress younger clients, the elderly are increasingly rattled.

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