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Advisers get help with unsecured pensions from Just Retirement

Just Retirement has issued a number of guidelines on unsecured pensions and annuities for advisers to use when consulting with clients on retirement income options.

The provider says advising on the best form of retirement income is always complex but in the current economic climate, consumers are even more concerned about how to get the most from their pension pot.

Head of retirement income solutions Nigel Barlow says: “The flexibility of USP is on the face of it attractive. It is important to remember, however, that this will only really benefit those with a relatively substantial pension fund.

“Furthermore, the potential for strong investment returns may not always work in the individual’s favour. As we have seen recently, sudden downturns in performance can drastically reduce sustainable income levels for very long and unspecified periods of time.”

He says customers will need at least £300,000 in their pension pot to maximise the opportunities available in USP.

Just Retirement’s new guide is available to all IFAs who sign up for the Campaign for Better Annuities.


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Cancer tzar Mike Richards’ decision to allow NHS patients to pay for cancer and other drugs not available from the state seems to be the first step towards creating a two-tier system within state provision. It also looks set to lead to rapid product development of top-up insurance plans.

FSA pledges fair deal on TCF action

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Who pays inheritance tax and how to declare it

By Kim Jarvis, Canada Life In this article we look at which forms personal representatives (PRs) need to complete and who actually pays inheritance tax (IHT).  To recap, under current rules, any part of the estate that falls within the available nil-rate band (NRB), currently £325,000, is taxed at zero. Anything in excess of the NRB […]


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