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Liberty SIPP court date set for September

A trial against collapsed self-invested personal pension (SIPP) provider Liberty SIPP has been set for September, according to an update from its administrators.

Transfer figures soar as £10bn leaves DB schemes in three months

Close to £10bn was transferred out of defined benefit (DB) pension schemes in the last quarter of 2019, according to figures from the Office for National Statistics (ONS).

Govt suffers defeats in House of Lords over Pension Schemes Bill

Amendments to the Pension Schemes Bill passed by peers in the House of Lords last night will see a wide-ranging suite of reforms for the pensions industry draw another step closer.

Andrew Phipps: Getting to grips with the new tapered annual allowance

Andrew Phipps delves into the latest tapered annual allowance rules and concludes planning is essential.

FCA wins legal battle against unregulated pension introducers Avacade and Alexandra Associates

The High Court has ruled in favour of the FCA in a civil action against unregulated introducers Avacade and Alexandra Associations after pension savers were persuaded to invest millions of pounds into risky, unregulated schemes.

FCA to send second in-depth marketwide DB questionnaire imminently

The Financial Conduct Authority (FCA) will send a second marketwide in-depth questionnaire on defined benefit (DB) transfers to firms later this week, RP's sister title Professional Adviser reports.

Mohassan Mehmood: The implications of the Sippchoice v HMRC case

In-specie transfers within pension schemes and their tax implications have been under the spotlight in the recent Sippchoice Limited vs HMRC Upper Tax Tribunal case. Here, Mohassan Mehmood discusses the potential fall-out from the recent ruling...

FCA launches workplace pensions value for money consultation

The Financial Conduct Authority (FCA) will bring forward proposals designed to promote value for money for workplace pension schemes members, a consultation paper says.

Neil MacGillivray: A tonic for the Covid-19 capital losses headache

While client portfolios may be struggling with the current market volatility, Neil MacGillivray discusses the opportunity to offset capital losses with next year's capital gains...

Maps begins market engagement project with pensions dashboard suppliers

The Money and Pensions Service (Maps) has started a six-week period of informal market engagement with potential suppliers of the digital architecture for the pensions dashboards.
 

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