News archive

SIPPS - the latest best seller, Pensions Managment article

30 June 2006

They may not be selling like the proverbial hot cakes just yet - but Sipps undoubtedly represent an outstaning new business opportunity for intermediaires says…

Financial Services Authority (FSA) publishes Consultation Paper

06 April 2006

This consultation paper sets out the FSA proposals for regulating all personal pensions including SIPPs. Under the Financial Services and Markets Act (FSMA), SIPPs…

The Treasury publishes its response to the consultation on regulation of personal pension schemes

27 March 2006

The Treasury has published its response to the consultation conducted in the Autumn on proposed changes to the eligibility rules for establishing a pension…

HM Revenue & Customs releases draft guidance on definitions of ‘prohibited assets’ held in a registered pension scheme

27 March 2006

On 5th December 2005 in his pre-budget release the Chancellor’s announced fundamental changes to policy on residential property and other specified assets. This announcement…

Form To Register For Primary And Enhanced Protection Now Available

14 March 2006

HM Revenue & Customs has now released the final versions of the notes and forms for use in the registration of existing pension rights for…

James Hay offers new Private Client SIPP

28 February 2006

James Hay has rebranded its flagship SIPP product and relaunched it as the Private Client SIPP, enhancing its product portfolio. The Private Client SIPP is…

Wrap - why slick administration is the key to first class service

19 January 2006

There are many factors for IFAs to take into account when selecting a Wrap partner. Comparative surveys rightly concentrate on product offerings and charges…

Abbey Wrap adds M&G Property Portfolio (onshore)

12 January 2006

Abbey Wrap has added the M&G Property Portfolio (onshore) to its wrap platform, boosting the total number of funds available to 831. Investors can now…

What is Wrap? Investment Week article

10 January 2006

CEO Abbey National Wrap Managers Limited & Managing Director, James Hay SIPP Over recent months, there has been much discussion on "What is a…

Abbey Wrap selected by Cavanagh Group

10 January 2006

Cavanagh Group has selected Abbey Wrap as its platform for clients following a review of providers. Jan Regnart, CEO Abbey Wrap Managers Limited said: "We…

Pension Simplification News Updates from HM Revenue & Customs

20 December 2005

HM Revenue & Customs has produced a number of fact sheets concerning simplification: Pensions Tax Simplification Pensions Tax…

SIPPs and Residential Property post 5th December

19 December 2005

The Chancellor's bombshell announcement in his pre-budget report that residential property and “exotic” assets will effectively be excluded as investments for SIPPs post A Day…

HM Revenue & Customs publishes further draft pensions tax simplification regulations

15 December 2005

On 15th December HM Revenue & Customs published two further draft pensions tax simplification regulations as follows:· The Pensions (Transfer of…

What challenges do Wrap providers face?

18 November 2005

I'm currently studying for a degree in Physics. You may think this is a long way from running a SIPP and Wrap operation but…

Proposed changes to the eligibility rules for establishing a pension scheme

03 October 2005

Treasury issues consultation document The Treasury has issued a consultation document to seek views on proposed changes to the rules governing how…

HM Revenue & Customs publishes further draft pensions tax simplification regulations and orders

21 September 2005

On 21st September HM Revenue & Customs published three further draft pensions tax simplification regulations and orders as follows: Transfers and Wind-Ups…

HM Revenue & Customs publishes further Pension Simplification Guidance

15 September 2005

HM Revenue & Customs has published six new chapters of the Technical Pages section of the Registered Pension Schemes Manual . The new chapters…

James Hay introduces more online services

31 March 2005

James Hay SIPP has added new enhancements to its online services, which will make transactions even easier for advisers and clients with self-invested personal…

Changes to ISAs from 6 April 2005

06 March 2005

The subscription limit for a Mini Stocks and Shares ISA has increased to £4,000, effective from 6 April 2005. In addition, no new insurance ISAs…

James Hay re-launches Select SIPP

28 February 2005

In response to growing demand for Self Invested Personal Pensions (SIPPs), James Hay has re-launched its Select SIPP product, which offers financial advisers a low-cost…

James Hay launches eSIPP

31 January 2005

James Hay has launched a new online self invested personal pension called eSIPP. The eSIPP has a simple charging structure and provides the flexibility of…