The LV= SIPP has been boosted by a new partnership with the Cofunds platform. The new deal between the two allows IFA’s to access approximately 1,500 funds from the Cofunds platform. Ray Chinn, Head of Pensions at LV= said: “Cofunds is the largest independent platform in the UK. Providing access to it through our FTA [...]

SIPP provider Pointon York has confirmed that it is set to commence a formal sale process, following a successful operating loss cut process. The provider managed to cut its operating losses by 66%, which hit £292,000 on revue of £3.9m. According to the Chairman, the company has already received a number of ‘confidential approaches’ with [...]

Iain Duncan Smith has revealed to the BBC a belief that the state pension age is rising too slowly. Under current conditions, the state pension age is set to rise to 67 in 2046 and to 68 by 2046. Smith noted that people are living longer, but are still retiring at the same age. So [...]

A new round of statistics from the Office for National Statistics (ONS) has revealed that those actively saving in company pension schemes has taken a near 50 percent drop since 1991. Their numbers indicate those saving has fallen from 6.3m in 1991, to 3.2m during 2009. These figures also account for both defined contribution schemes [...]

New to the world of Self Invested Persional Pensions (SIPPs)? Read all the text and still struggling to get your head around them? Well, Barclays Stockbrokers has produced a brand new video which introduces them:

Investors appetites for Self Invested Personal Pensions (SIPP) are certainly growing, and Rowanmoor Pensions is the latest provider to provide evidence of this. For the quarter ending in June, the company has experienced a near 42% rise in the amount of new SIPP products written. Commenting on the results, Ian Hammond, Managing Director at Rowanmoor [...]

Alliance Trust, a leading SIPP provider has predicted a surge in the business line of advised flexible drawdown due to the 2011 Finance Bill gaining Royal Assent. The Flexible drawdown rules allow clients to take unlimited income from their pension, underlined by the requirement that they receive a minimum secured pension income of at least [...]

Financial advisor’s are allegedly ‘ripping off’ pensioners according to a lengthy report produced by Consumer Focus. The report claims that a number of pensioners are being told to switch to different pension products. It is these products which usually contain higher charges and heightened risk. Interestingly, the report also revealed that pensioners do not fully [...]

Annuity rates have fallen over the past quarter and are predicted to fall further according to MGM Advantage. Their research claims that rates for conventional annuities dropped by 0.18% for the last quarter and by 3.5% for enhanced annuities. This research highlights why its more important than ever to shop around to ensure that you [...]

JPJShare,  the Isle of Man based share dealing subsidiary of Rivington Street Holdings, has launched a new SIPP which boasts no annual charge. The SIPP is free to set up with no transaction fees for unit trust and OEICs. The eSipp also claims to allow investors to invest in over 1600 retail funds, with over [...]