The capital adequacy requirements come into effect in just a few months, but how prepared are providers and what have they been doing in the two years of planning? Not all of the providers are disclosing how much of the required minimum amount they currently hold. At DP Pensions we already held enough liquid capital to meet the new capital requirements even if they had come into effect back in August 2014 when the FCA policy statement was released. In fact our capital reserves currently meet the new requirements by 143%. In this article, Charlotte Richards from FTAdviser Money Management looks into what lies ahead for SIPP providers and the details advisers need to know. DP Pensions assisted in providing information and Elaine Turtle, Director, has been quoted in the article.

http://www.ftadviser.com/2016/03/23/our-publications/special-reports/sipps-april-Ch4nozyhfhIUY6Yb0Cu5LO/article.html

Elaine Turtle, director at DP Pensions, comments in this article about life and pensions advisers having to stump up £10m more than forecast this year to compensate customers who have received bad self-invested personal pension (SIPP) advice.
www.yourmoney.com/news/advisers-pay-extra-10m-compensate-consumers-bad-sipp-advice/

Elaine Turtle, Director at DP Pensions, looks at the difference between cash and in-specie pension transfers and asks why cash is fast-becoming the norm.
www.retirement-planner.co.uk/37189/cash-or-in-specie-whats-your-pension-transfer-preference

Pension scams are on the increase in the UK. Scammers will try to entice you with a ‘free pension review’, ‘one-off investment opportunity’ or ‘legal loophole’.
If you’re under age 55, you cannot release your pension unless you are in ill health. If you are over 55, you can release funds from your pension from April 2015. You may still be at risk from scammers.
For information and tips on giving yourself the best possible protection against scammers download the attached booklet below or visit The Pensions Regulator website has been updated here
www.thepensionsregulator.gov.uk/individuals/dangers-of-pension-scams.aspx

Downloads
pension-scams-booklet-members v03.2016_0

Elaine Turtle, director, DP Pensions provides some practical guidance on assessing tapered annual allowance and interpreting the income definitions.

professionalparaplanner.co.uk/tapered-annual-allowance-putting-it-into-practice/

Elaine Turtle, Director of DP Pensions, discusses the intricacies of term deposits and the definition of standard assets in SIPPs.

www.retirement-planner.co.uk/31765/when-is-a-term-deposit-a-standard-or-non-standard-investment

Elaine Turtle, Director at DP Pensions, assesses the impact of the recent High Court Judgement in Hughes v Royal London.

http://professionalparaplanner.co.uk/pension-transfers-and-liberation-how-the-landscape-has-been-changed/

The Retirement Planner asked key pension experts what they would love to see from the Chancellor in his upcoming Budget set for 16 March. Elaine Turtle, Director at DP Pensions, would love some quiet time for pensions. Can George make it happen?

http://www.retirement-planner.co.uk/26045/happy-valentines-pension-experts-love-budget?

Elaine Turtle, Director of DP Pensions, looks at an anomaly that has arisen around dependant pensions for children under age 23, as a result of the Pension Freedoms.

http://professionalparaplanner.co.uk/a-quirk-of-the-new-pension-freedoms-rules

New legislation was introduced in the Pensions Scheme Act 2015 following the Government’s concerns over protecting consumers who may lose valuable pension benefits in favour of transferring to arrangements that facilitate flexible access to pension savings. In this article Elaine Turtle, Director, DP Pensions discusses what advisers need to be wary of with transfers from defined benefit schemes and safeguarded rights to SIPPS.

http://adviserbusinessreview.com/db-pension-transfers-into-sipps-what-you-need-to-know/