Elaine Turtle, Director at DP Pensions, rounds up the key points of the Cridland review of the state pension age and what they mean for both the UK population and the cause of long-term saving.
http://www.retirement-planner.co.uk/229363/elaine-turtle-state-pension-age-review-reviewed
Singling out SSAS as scammers’ tools is ‘ill-conceived’ – they remain a viable financial planning option, argues Elaine Turtle, Director at DP Pensions.
Professional Paraplanner article – In defense of SSAS
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 Scam Leaflet – Thinking of doing something with your pension pot_
Having just had the last Spring Budget, delivered by a very humorous Chancellor Philip Hammond, it is back to the day job, with thankfully few further changes to our ever complex pensions regime. Elaine Turtle, Director at DP Pensions, discusses one of the areas concerning advisers and clients at the moment which is the tapered annual allowance.
Elaine Turtle, Director at DP Pensions, is asked what one thing she would most like to see in the upcoming Budget.
Unlike her husband, the other love of Elaine Turtle’s life won’t send her a card or flowers on Valentine’s Day but that does not stop her loving SIPPs– and she believes advisers and their clients should feel the same way.
http://www.retirement-planner.co.uk/229014/elaine-turtle-valentine-sipp
Pension sector professionals have been digesting a Supreme Court judgement yesterday in what is being hailed as a possible landmark case. Elaine Turtle, Director at DP Pensions, said: “This brings occupational schemes into line with the Personal Pension market who have paid out to anyone that is financially dependent with the member on death – so same sex couples have always been able to have lump sum death benefits. I am surprised it has taken so long for these types of schemes to move with the times.”
Elaine Turtle, Director, DP Pensions presents an example of client confusion that can still surround annual allowance tapering.
http://adviserbusinessreview.com/effects-annual-allowance-tapering-high-earners/
The industry body representing SIPP and SSAS providers has handed out a trio of Honorary Lifetime Memberships.
Elaine Turtle, Director at DP Pensions, has been awarded Honorary Lifetime Membership in recognition of her service to AMPS over many years.
The Association of Member-Directed Pension Schemes has also announced its new chairman and committee members.
Whether or not pensions cold-calling is banned, it is vital providers and advisers work together to help educate consumers on the dangers of chasing unrealistically high returns, says Elaine Turtle of DP Pensions.
http://www.retirement-planner.co.uk/228547/elaine-turtle-cold-calling-hot-topic