We have reviewed the HMRC document “Restricting pensions tax relief through existing allowances – a summary of the discussion document responses” which can be found at http://www.hm-treasury.gov.uk/d/restricting_pensions_summary141010.pdf and have looked at the impact on Imago Back Office.
Posts Tagged ‘pensions’
2010 Survey
Monday, February 15th, 2010
Over the past six years, we have conducted industry surveys every year, these surveys provide content or industry comment in the press and a booklet that is produced in the middle of the year. The surveys get issued to providers as well as advisers. This provides an interesting comparison of often contrasting views. Last year we did a survey on asset migration and wrap platforms.
This year the topic for the surveys covers aspects around communications to clients issues around the pensions thematic review, opinions on issues such as regulation and Solvency II. If you receive a survey from us, please do have a look at the questions and provide response to us. The more opinions we get the better the quality of the response.
Drop me a line in this blog if you would like us to followup any burning issues on your mind. cread@dthomas.co.uk
2008 Pensions Survey
Monday, February 11th, 2008
The 2008 survey is now ready for action. Last year the 2007 survey provided an insight into the emerging WRAP market in the post pensions regulation world. It also illustrated the dominance of the SIPP market. This year we are looking to continue that thread of enquiry, so that we can build upon the findings of 2007. To gain access to the survey:
If you are a provider – Select the Provider Survey
If you are an adviser – Select the Adviser Survey
Machiavellian ASP – surely not – Alternatively Secured Pension
Friday, October 26th, 2007
Reading in the recent AMPS – Association of Member Directed Pensions newsletter a fascinating angle on the Alternatively Secured Pension – ASP saga.
John Bradley, outgoing chairman states that the government created the current ASP regime, knowing that the industry would kick back at the restrictions. Effectively the government created a regime so that they could accuse the industry of abusing the ASP rules, and that the adverse publicity surrounding this would be used to going back to justify compulsory annuities.
SIPP is dead long live ABATIC
Thursday, August 9th, 2007
Another topic of discussion at the recent Henry Stewert Conference was the use of SIPP as a term for pensions that are member directed. Clearly when AMPS was founded the phrase SIPP was not considered even though the SIPP Provider Group Association was half of the association with Pensioneer Trustees (APT) . Quite right too, the growth of the Pseudo SIPP market is creating confusion for consumers. Perhaps ABATIC would be better, A Better Acronym To Inform Consumers !
Results season
Thursday, August 9th, 2007
It seems difficult to avoid Standard Life’s PR engine these days as the results season is upon us. I note in Money Marketing a comment was made non how Standard Life boasted fantastic sales figures earlier this week particularly on the individual Sipp front with sales of £2.5bn but as with most results, the devil is in the detail. The article then went on to say that then when you delve a bit further it turns out that the life office also paid out £3.6bn in claims which could mean they are simply recycling existing pensions business into new business.
