Published: 09 Mar 2017Philip Hammond delivered his first full UK Budget speech on Wednesday 8th March 2017, and delivered significant news for the International Pensions industry. Full details of the specific measures can be found here, which will be analysed in detail by us.
Published: 25 Nov 2016A good financial adviser will pride him or herself on getting to know a client inside out, often over a period of many years. They will go that extra mile to find out all about their client, whether it’s the obvious, such as attitude to risk and understanding their retirement ambitions, or the less obvious, such as family background.
Published: 25 Nov 2016Research from Momentum Pensions shows the number of advisers who want an outright ban on SIPP providers earning money from retained interest charges in projections and reduction in yield calculations – the so-called “interest turn” from SIPP cash accounts – has almost doubled in the last six months.
Published: 25 Nov 2016Transparency in the retirement planning sector is no longer a nice-to-have; it is a must-have. We are all aware of the problems that have beset the financial industry in recent years. The best way to ensure the problems do not return is to do all we can to help the pensions industry remain open to scrutiny at all times.
Published: 24 Nov 2016UK Chancellor of the Exchequer, Philip Hammond today delivered the last ever Autumn Statement, where the concept has now been abolished, and replaced by an Autumn Budget. In the future, the Chancellor will instead deliver a Spring Statement in response to statistics issued by the Office of Budget Responsibility, but this will not contain any fiscal measures.
Published: 24 Jun 2016The results are still to be officially announced, but it is largely confirmed that the UK will exit the EU. The UK Parliament still has to enact legislation to facilitate the UK’s departure of the European bloc, and it is envisaged that there will now be a two-year window to deal with the exit, which commences with invoking Article 50 of the Lisbon Treaty.