Jill Clucas
OpinionPension advice allowance – action needed?
From the blog: April 6 saw the introduction of the pension advice allowance: a new type of tax-authorised payment to allow members of defined contribution (or hybrid) schemes to take up to £500 from their pension pot to pay for financial advice.
- Opinion
What you need to know before seeking a buyout or buy-in
Trustees looking to carry out derisking exercises should decide early on whether to seek a buy-in, where a bulk annuity policy is held as a scheme asset, or buyout, where annuities are bought for individual members.
OpinionOffsetting costs from the end of contracting-out
The abolition of contracting-out will lead to additional national insurance bills of an estimated £1.2bn this year for private sector employers and £2.7bn for employers in the public sector according to news reports, so how should they deal with the change?
- Opinion
Why trustees are caught in the middle on pension liberation
Trustees deciding whether to make a transfer to a scheme suspected of being used for pension liberation could be forgiven for thinking they are damned if they do and damned if they don’t.