Businesses could use a Sipp or Ssas to protect premises

FTAdviser latest:SMEs premises could be protected in a Sipp or Ssas

Businesses suffering from the economic downturn should think about protecting themselves from future financial problems by placing their premises within a self invested personal pension (Sipp) or a small self administered scheme (Ssas).

NU follows commission rate drop trend

Norwich Union has announced it is to reduce the single premium and transfer commission available on its Your Pension Select and stakeholder scheme.

UK pension funds fell into negative territory in 2008

The average UK pension fund fell into negative territory last year, achieving an estimated weighted average return of -9.8 per cent for the year ending 31 December 2008.

DWP offers clarity on investing protected rights in Sipps

The Department of Work and Pensions (DWP) has clarified that its policy intention is to ensure that protected rights funds administered within self-invested personal pensions (Sipps) are not eroded disproportionately to the rest of the pension fund.

PPF consults industry on pension protection levy

Industry members have been offered the chance to debate proposals for the future of the pension protection levy during a series of national roadshows to be held by the Pension Protection Fund (PPF).

Annuity rates fall over past month

The best level annuity rate in the UK market fell slightly over the last month for women, the latest annuity rates from Alexander Forbes Annuity Bureau show.

State pension needs to double

The basic state pension needs to double in order to provide a 'comfortable' retirement, yet the majority of people are still reluctant to top up their retirement savings, research by Friends Provident found.

Freedom Sipp closes to new members after FSA visit

The Freedom Sipp has closed to new members after the Financial Services Authority (FSA) identified administrative issues during a recent visit.

Employees still planning to rely on state pension

A fourth of employees (41 per cent) either do not think they are doing enough to provide for their retirement or are planning to rely on the state pension to fund their futures.

Third way annuities could prove costly

Life offices offering third way annuities may run into serious problems meeting guarantees, stunting growth in the flexible market, Royal London has suggested.

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Money's too tight to mention

The sale of company-owned property to a pension fund could provide much-needed capital at a time when borrowing costs the earth


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Counting the cost of IHT avoidance

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Gone fishing

Just when you thought it was safe to get back into the water, cruising the regulatory ocean is another scary big fish. Yes, another pensions transfer scare is upon us.



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