Trade body chairman says the current interpretation of the rules “doesn’t follow logic”.
A valuation to nil would affect the amount of income that a client could draw from their fund.
View comes in stark contrast to London and Colonial’s voiced earlier this year.
Claimants will need to grant consent to Standard Life for them to provide FSCS with a full legal assignment of the Arm assets.
Case marks SFO’s first convictions under the Bribery Act.
Changes to stamp duty, Isas and ‘death benefits’ will surely mean more consumers will be seeking out regulated advice.
Analysis & Opinion
Defaqto Retirement Update: There are now an almost infinite number of retirement options.
With changes pending next April, the Sipp market has divided and evolved completely in the past twelve months, writes Greg Kingston.
Regulation of the Sipp market is a signalling change as to how the products are viewed and selected. Jon Cudby analyses our latest market snapshot.
Advertorial: Quality multi-managers are well-placed to give an investment-based retirement income solution.
More on Sipps & Ssas
News Review: We are edging closer to pensions working like bank accounts, but is this really what was intended?
Week in brief: The ‘guidance guarantee’ debate rumbles on, as criticism of the regulator’s post-retirement non-guidance once again hits the fore.
Dec 05, 2014
Ramifications of how new option sits with charging structure needs to be considered, says Rowanmoor.
Dec 02, 2014
Sipp provider says it does not want to hold adviser “hostage” after pre-RDR incentive deal expired.
Nov 25, 2014
Second Sipp firm in recent months tries to break down the exit barriers by cutting fees.
From Regulation| Nov 25, 2014
Savers will now only have to inform schemes they actively contribute to and will have 91 days to do so.
From Special Report: Income Options - November 2014| Nov 24, 2014
Advisers have traditionally steered clear of trusts, but post-RDR growth could be boosted by new pension rules.