A-Day of reckoning
Cruise, Sinead
A-Day of reckoning - 2006 - Property Week 71(13) 31 March 2006, 38-40(3) .
Advises taking a cautious approach to the pension reforms coming into force on 6 April 2006. Research suggests that prospective consumers are confused about the pros and cons of having Self Invested Personal Pensions (SIPPs). The structure of SIPPs discriminates against the less affluent pension planner and penalises the more successful long-term SIPP investor. The lack of understanding of the pitfalls of SIPPs should be addressed as soon after A-Day as possible. Provides 10 SIPPs tips.
SELF-INVESTED PERSONAL PENSIONS
A-Day of reckoning - 2006 - Property Week 71(13) 31 March 2006, 38-40(3) .
Advises taking a cautious approach to the pension reforms coming into force on 6 April 2006. Research suggests that prospective consumers are confused about the pros and cons of having Self Invested Personal Pensions (SIPPs). The structure of SIPPs discriminates against the less affluent pension planner and penalises the more successful long-term SIPP investor. The lack of understanding of the pitfalls of SIPPs should be addressed as soon after A-Day as possible. Provides 10 SIPPs tips.
SELF-INVESTED PERSONAL PENSIONS