Here is a collection of articles that refer to, mention or discuss Self-Invested Personal Pension (SIPP)
Tag: SIPP
SIPP Providers Paying Out More Than Savers Put In
SIPP providers paid £3 billion more to pensioners than they picked up in contributions in the last three months of 2018. Pensioners were paid £15...
Watchdog To Probe Financial Firms Pushing Risky Investments
Financial watchdogs are to get to grips with how advice firms deal with customers who want to stake their money in risky investments. The Financial...
Tax Man Takes Pension Tax Relief Fight Back To Court
HM Revenue & Customs is determined not to give up a fight to block in specie pension transfers to SIPPS and QROPS. Millions of pounds...
HMRC May Appeal In-Specie Pension Payment Loss
The UK tax man has decided to carry on the fight after losing a legal challenge against a crackdown on in-specie pension transfers. These transfers...
Expat Pensions – SIPPs And Lifetime ISAs
If you want the expat experience of living and working abroad but want to go home to Britain after your stint, you should consider...
Complaints Keep Rolling In About SIPP Pensions
SIPP pensions are one of the most complained about financial products, according to new statistics. The Financial Ombudsman has released figures for gripes about financial...
Ombudsman Rejects IFA’s Cyprus Property Investment Claims
The Financial Ombudsman has reinforced the responsibility of pension advisers recommending overseas property investments when transferring funds into a SIPP. The ruling came from a...
Workers To Wait Longer To Access Private Pensions
The government may be hatching plans to raise the minimum age for retirement savers to access their cash as the state pension age rises. Pension...
Watchdog Slams £30,000 Pension Advice Rule AS ‘Market Failure’
Rules that ensure any retirement saver must take professional advice if they are looking for a direct benefit pension transfer of a fund worth...
Savings Experts Want P2P Lending Option For SIPPS
Financial experts want the government to allow peer-to-peer lending as an option for SIPP pension investors. Trade body the Tax Incentivised Savings Association (TISA) is...
Platforms Get A Leg Up From pension Freedoms
Retirement savers switching their cash from workplace final salary pensions to more accessible SIPPS is fuelling a record-breaking year for investment platforms. Billions of pounds...
QROPS Uncertainty May Impact Millions Of Expats
Pension planning rules should offer certainty for expats – but Brexit and sudden QROPS tax changes are doing anything but that. The risk is the...
How To Let Your Children Retire As Millionaires
Pensions can be child’s play for British expats looking to make tax-effective savings for their kids. A little-known money fact is children may not pay...
Pensions And Retirement For Expats
Moving overseas does impact on your retirement savings depending on how your pensions are structured and your status as an expat. Despite freedoms in the...
SIPPs – A Pension Retirement Option For Expats
The number of retirement savers moving their money into a self-invested personal pension (SIPP) has doubled since pension freedoms started. A fintech hub managing UK...
How To Beat The QROPS 25% Transfer Charge
Expats worried about the new transfer charge on the expat Qualifying Recognised Overseas Pension Scheme (QROPS) have an option to avoid tax on their...
Wealth Manager Sanctioned For Breaking SIPP Promise
A financial advice firm which has allegedly broken promises not to help clients with pension transfers has been ordered to cease trading. The Financial Conduct...
Retirement Planning If You Are In Ill Health
Making the right money choices for your family and loved ones if you are suffering from ill-health is often forgotten about. Anyone suffering from a...
HMRC Refuses ‘In Specie’ Pension Tax Relief
Millions of pounds of tax relief claimed by retirement savers is at risk due to an official change of heart over topping up non-cash...
QROPS Private Pension Scheme for UK Expats in Australia
Expats work and build savings in foreign countries and want easy access to their money when they retire. Although these savings continue to grow, managing...