FCA issues warning over ‘free’ pension reviews

WarningThe Financial Conduct Authority (FCA) has warned consumers about cold callers offering free pension reviews. The regulator is concerned that consumers are being targeted by unscrupulous and unregulated organisations, offering free pension reviews, often citing the changes in the Budget. The cold calls, which often start with a text message, generally follow a similar script: Our advisers can help you make the right decision...

When does a SSAS make more sense than a SIPP?

iStock_000008982661_ExtraSmallThere are two types of self-invested pension, a SSAS (Small Self-Administered Scheme) and a SIPP (Self-Invested Personal Pension). Without doubt the SIPP is more popular than the SSAS, but that doesn’t mean there aren’t times when a SSAS isn’t a better option. We’ve pulled together some thoughts of our own and asked leading industry figures the question, when does a SSAS make more sense than a SIPP? Group property purchase...

SIPPs: New restrictions on commercial property purchase in SIPPs?

iStock_000016457256_ExtraSmallSelf-Invested Personal Pensions (SIPPs) and commercial property purchase have gone hand in hand for many years, but at least one provider is imposing new limits. We look at whether this could signal the start of more restrictive rules and whether it buying a commercial property in a SIPP might be harder in months to come. SIPP commercial property purchase Need advice on your ...

Guest Blog: SIPPs and SSASs: Property purchase making a comeback – how can we help?

XafinityXafinity has been helping advisers and clients invest in property for some 35 years and has seen this type of investment grow consistently in recent years, with 2013 setting a new record. That said there are, of course, many thousands of directors of Small and Medium sized Enterprises that are yet to see the potential advantages of buying their company premises in 2014 using their existing pension plans. Once an opportunity has been ...