Category Archives: SIPPs

Re-building initiative in SIPPs

Another budget, another pensions surprise. Rather than the usual crimping, however, this time we got a new initiative: to allow SIPPs and SSASs to convert commercial property with unused space to residential property. “Housing 2.18 Changes to pension investment rules … Continue reading

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Two Sorts of Capital Punishment

There is a massive issue in the SIPP industry at the moment: the FSA’s proposals for a new SIPP capital adequacy regime. There’s a big difference between capital adequacy and capital punishment but, nonetheless, it seems the difference needs clarifying. … Continue reading

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Play Your Cards Right

You may be surprised to learn that many years ago I was a casino manager. For those who know no better, this conjures all sorts of visions: Vegas, excitement, Robert De Niro and gangsters. I can assure you, they are … Continue reading

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Drawdown Rhetoric Should Be Capped

A tacit competition to find the individual whose drawdown income has fallen the most is raging like a hot new Olympic event. Some providers have then used this to argue that the way capped drawdown operates needs fixing. It’s straight … Continue reading

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How consumers really decide

Appalled by the FSA’s belief that key features illustrations and the requirements set out in its consultation paper CP12/05 (chapter 5 -pension scheme disclosure proposals) will actually help consumers make good decisions, I produced this real-world, personal example of how consumers really make decisions … Continue reading

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Technology ate my SIPP!

I’m speaking at the Henry Stewart SIPPs & Retirement Options briefing on 28th March on “Where now for SIPPs” and I can’t resist giving a little taster. The session essentially asks that I predict the future, something that weather forecasters … Continue reading

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Hidden histories, hidden heroes

Some people score goals, some don’t. I’m not talking about footballers’ prowess (on the pitch, for the avoidance of doubt). I mean that some people are defenders. And I’m not just talking about football or even sport in general: it’s … Continue reading

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Do you feel lucky?

You gotta ask yourself a question: do I feel lucky? At the end of my last blog post I promised to consider how we might look at the last golden decade or more in SIPPs. Here goes … Twelve years … Continue reading

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The Fall and Rise of Sipphound

I’m sure, like me, you’re old enough to remember the energy of Leonard Rossiter and the eccentric character he played, Reggie Perrin. (I’m confident too that, working in pensions, we’re allowed to talk about age.) Well, in a matter of … Continue reading

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Bend-over-backwards-flexible drawdown

Among the changes and conditions brought by the new drawdown rules is the tax position on death in drawdown – namely the tax charge on a lump sum death benefit rising from 35% to 55%. That has led many to … Continue reading

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