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Ready to boil over

 

Age 21 is a curious juncture. Unlike in parts of the US, it is not the age at which you can first drink in the UK. Nor, as in some countries, is it the age at which you can first vote. For most, the only significant thing about a 21st birthday is receiving a card from a sentimental relation in the shape of an oversized key.
In fact, the only current legal benefits of reaching what used to be defined as the age of majority are being able to: be elected as a member of parliament, local councillor or mayor; adopt a child; hold an airline transport pilot’s licence for an aeroplane, helicopter and gyroplane; and apply for a provisional licence to drive a large passenger vehicle or heavy goods vehicle.

Making a bigger splash

Despite the lack of coverage afforded to SSASs, the product is far from a dying breed and can offer benefits to many schemes

Taking the strain

The roles of the pensioneer trustee and adminstrator have increasingly merged since A-day to maintain scheme control, but for many it has become an onerous task

The wheel keeps on turning

As the self-invested personal pension celebrates its 20th anniversary, there is still no sign of its growth decelerating or its popularity waning

For a full version of the 2009 survey, click HERE.

Pensions Management Sipp Survey 2009

The full survey is available here as a downloadable pdf.

Does my SSAS look big in this?

As investors and their advisers continue to size up Sipps and SSASs, how are providers holding up after a year of financial turmoil and regulatory changes?

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Poll

The Money Advice Service is an elegant and innovative way of providing consumers with much needed help to access financial services products.

  • Absolutely. Should have happened years ago.
  • It's a start. Let's hope it's a solid foundation.
  • Not sure either way.
  • It's not advice, but you only find that out in the small print, which nobody reads.
  • Are you having a laugh? It's another way for the regulator to raise a fighting fund to paper over the cracks in its regulatory armoury.

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