The Ronseal Rectification
A quick post, seeing as there is a lot on currently. I often talk about The Pluto Problem. When I was at school, Pluto was a planet and everyone knew […]
Final SIPP rules vs my predictions
With the final rules issued for SIPP capital adequacy, I have revisited the predictions I made two months ago, and scored myself a generous 4.75 out of 8 (that’s just under 60% – probably a fail […]
Are we still scratching our heads with new SIPP Capital Adequacy Rules?
So the FCA has issued the final rules for SIPP capital adequacy, PS14/12. With some serious watering down of the formula, SIPP providers may well be a lot happier […]
Have they cracked it, or are they crackers?
The Government has announced its plans for closing the 24bn tax loophole on uncapped drawdown and as I thought, they came up with some more out of the box thinking to come […]
Death and taxes
Here’s some thoughts I jotted down on what the new tax on lump sums comgin out of drawdown plans may look like. I wrote this a week or so ago, […]
Uncapped Drawdown restriction
So, have the Government thought of a good way to thwart £24bn potential tax loss resulting from allowing free access to pensions? Corporate Adviser think so. And it might just […]
Three key challenges when scrapping the Lifetime Allowance
Here is what I have been battling with. Any change to pension framework including scrapping the Lifetime Allowance will need to address three big points: It has to be tax […]
In the second week of Wimbledon, what behaviours does the LTA encourage?
In last week’s blog, I discussed why it is time to scrap the LTA. I have compiled a list of behaviours which could be attributed to the (potential) impact of […]
In Wimbledon Week, I say it’s time to scrap the LTA
OK, not the Lawn Tennis Association, but the Lifetime Allowance. As a system for controlling tax relief on pensions, the Lifetime Allowance wasn’t all bad at all, other than the […]
Should there be a permitted investment list?
At the AMPS 2014 conference, there was a decent session at the end when the audience of largely SIPP providers was asked whether the Government should issue a list of […]
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