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John Lawson: The pensions advice allowance needs one vital tweak

As far as advisers are concerned, the direction of travel from the previous and current administrations is a good one. Advice is now required when transferring from defined benefit to defined contribution schemes and from some pensions with guarantees. The tax advantage of employer-arranged advice is also set to increase from £150 to £500. So […]

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Pensions regulator proposes ‘extreme’ ban on new SSASs

A proposal from The Pensions Regulator to ban pension transfers into small self-administered schemes and to consider stopping new SSAS arrangements being set up have been branded “extreme” and “ill considered”. In a blog on TPR’s website, regulatory policy executive director Andrew Warwick-Thompson suggests three measures to curb pension scamming, including a ban on SSASs. Warwick-Thompson says: […]

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Steve Bee: Are we nearing the final days for pensions?

I have been working in the pensions industry for almost five decades now. In that time, I have been witness to a great deal of upheaval in what seems like an unnecessarily ever-changing sector. That said, I honestly do not think I have ever encountered such a strong feeling of hopelessness as that which currently engulfs […]

Can you put a hat on?

By Sarah Scott, marketing consultant You might think the question in the title is a strange one. Perhaps even more so when you learn that it’s one of several asked as part of an assessment for Employment Support Allowance eligibility in the opening scenes of the 2016 film, ‘I, Daniel Blake’. Daniel is a carpenter […]

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