Retirement
Sipp provider hit with £3m in compensation claims
Carey Pensions, a self-invested personal pension (Sipp) provider, is being taken to the UK High Court on claims potentially worth up to £3m (€3.39m, $4.15m) for working with unregulated introducers who sold “unusual investments”.
Best Practice | 28 Feb 18
Two retirement scenarios where a Qnups comes into play
Despite a fanfare at launch, seven years on the Qualifying Non-UK Pension Scheme has not proved hugely popular even though it can offer useful advantages.
Pension freedoms ‘concern’ Isle of Man providers
There was a “critical lack of transparency” by the Isle of Man’s treasury minister in the lead up to introducing pension freedoms for the island, the chair of the jurisdiction’s association of pension scheme providers told International Adviser.
Best Practice | 23 Feb 18
How new Isle of Man pension freedoms differ starkly from the UK
The Isle of Man budget on 20 February introduced the concept of pension freedoms to the island’s pensions legislation, setting out some stark differences to the already established UK rules.
Isle of Man to introduce pension freedoms
Legislation that will introduce pension freedoms to the Isle of Man has been included in the island’s 2018 Budget, a move treasury minister Alfred Cannan said will allow people to “look after their own savings”.