Knowledge base

Sale of James Hay to IFG - Questions & Answers

21 January 2010

Why are Santander selling James Hay? Santander in the UK has been completing a full review of its activities to assess…

Refund of excess pension contribution paid in 2009/10 & 2010/11

20 November 2009

We are pleased to confirm that, subject to a charge to cover our administration costs, we intend to offer members of the James Hay SIPP…

How do you solve a problem like unused ASP funds on death?

01 June 2007

Any remaining hope that the Alternatively Secured Pension (ASP) option at age 75 might offer clients some practical planning advantages would seem to have been…

Budget 2007 Tech Talk summary now available

22 March 2007

Yesterday, 21st March 2007, Gordon Brown delivered his eleventh, and, what is widely expected to be, last Budget speech. In what he described as…

Pensions Simplification - one year on

01 March 2007

As we are approaching the first anniversary of the introduction of Pensions Simplification this would seem an ideal time to review the first year and…

HM Revenue & Customs publishes Pensions Tax Simplification Newsletter No 23

17 January 2007

This latest update from HM Revenue & Customs includes: A list of the main provisions of the Chancellor’s recent pre-budget report with direct…

Pre-Budget Report 6 December 2006

07 December 2006

The Chancellor announces changes to Alternatively Secured Pension (ASP), rules to prevent devices designed to pass on tax-favoured pension savings and…

HM Revenue & Customs publishes Pensions Tax Simplification newsletter No 21

02 November 2006

This latest update amongst various matters includes more detail on what constitutes a ' single transaction ' for a block transfer ;more information on QROPs…

James Hay - silver service means a golden future for Financial Advisers

01 November 2006

Unrivalled service and support are the linchpins of James Hay's Wrap and SIPP offerings, writes Stefano Del Federico, UK Sales Director, Abbey Wealth Management.…

The complexity of the Finance Act 2006

26 October 2006

The complexity of Finance Act 2006 legislation now appears to undermine the essence of the Government's previously vaunted pension simplification policy, says James Hay's…

Stay ahead of the pack - use a Wrap

29 September 2006

The market for financial products is maturing – sales volumes are growing and prices are coming under pressure as products become more alike. Advisers need…

HM Revenue & Customs publishes Customer Guide to Inheritance Tax

01 September 2006

On Friday 1st September HMRC published a Customer Guide to Inheritance Tax dealing with the procedures for payment of inheritance tax upon death of a member whilst drawing…

Changes to the pensions regime on A-Day have opened up some terrific opportunities for IFAs and their clients

31 August 2006

SIPPs have been in the news a lot during 2006. Changes to the pensions regime on A-day have opened up some terrific opportunities for IFAs…

Not quite all wrapped up - but the FSA's point mustn't be ignored

31 July 2006

The FSA’s recently-published study of wraps has given wrap providers a welcome insight into the Regulator’s current thinking – and provides what should be…

Apples versus oranges

30 June 2006

Just because a client’s pension fund exceeds the £1.5 million lifetime allowance, it doesn’t mean that future pension planning goes out of the window.…

HM Revenue & Customs reports latest Q&As raised at the APSS/Joint Working Group meeting on 16th May

19 June 2006

At the recent meeting of the working group, a number of important questions were raised with the Revenue including items on: Classification…

HM Revenue & Customs provides A-Day web page

06 June 2006

To herald the arrival of pensions simplification and to help the public and the industry, HM Revenue & Customs has brought together a wide range…