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Pension

Offshore bond uplift after new LTA cap is wishful thinking

Fixed Income | 10 Mar 16

Offshore bond uplift after new LTA cap is wishful thinking

Providers expecting the reduced lifetime allowance (LTA) to spur offshore bond sales to UK residents are guilty of “wishful thinking” according to a number of distributors, who are failing to see any increase in appetite.

Budget concerns drive UK Sipp contributions up in February

Companies | 9 Mar 16

Budget concerns drive UK Sipp contributions up in February

Concerns around the upcoming UK budget saw consumers making the most of their pension benefits in February with self-invested personal pension (Sipp) contributions up by 203% compared with the same month last year.

Majority underestimate retirement finance needs

Retirement | 8 Mar 16

Majority underestimate retirement finance needs

Nearly eight out of 10 globally mobile workers underestimate the amount of savings needed to fund their future retirement, a study by deVere Group has found.

Offshore bond demand to rise following pension changes

Life | 7 Mar 16

Offshore bond demand to rise following pension changes

Over a third (36%) of professional advisers expect to recommend more offshore bonds to clients following reductions to annual and lifetime limits for pension contributions, according to Canada Life.

UK’s Osborne scraps plan for budget pension tax changes

Tax & Regulation | 5 Mar 16

UK’s Osborne scraps plan for budget pension tax changes

The UK chancellor George Osborne has abandoned plans to shake up the pension tax system in this month’s budget after pressure from Conservative MPs, according to media reports.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.