Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
The tax return deadline is looming. Here’s how to avoid fines Personal Finance Many of us are guilty of putting our personal finance admin on the back burner, opting to leave paying our bills, planning the monthly budget and checking insurance policies until the last minute. But with the deadline of the 31st inching ever closer, leaving your self-assessment tax return until the final days of January, leaves [...]
How to maximise your pension before the end of the tax year Personal Finance As the end of the tax year approaches on April 5, savers have a few days to maximise their pension contributions tax allowance. Private pension contributions are tax-free up to a limit, under a regime that applies to workplace pensions, personal pensions (such as SIPPs) and overseas pension schemes that qualify for UK tax relief. [...]
AJ Bell sells bespoke SIPP and SSAS arm to Investacc Investing AJ Bell has sold off its Platinum Self-Invested Personal Pension (SIPP) and Small Self-Administered Scheme (SSAS) arm to specialist pension provider Investacc for £18.5m. The bespoke service, designed for co-directors and partners in a business, currently has only 3,600 customers but £3.2bn of assets under administration. Offering a wider range of investment choices than the [...]
What on earth is a ‘SIPP’?! A jargon-free guide on how it could help boost your ‘future you’ fund February 12, 2025 Camilla Esmund is a senior manager at Interactive Investor, the UK’s second largest platform for private investors Don’t be put off by the acronym – a ‘SIPP’ stands for a self-invested personal pension; a type of personal pension which gives you greater control over your retirement planning. If you haven’t heard of them, you’re not [...]
SIPP pensioners are the most confident in a comfortable retirement February 5, 2025 Workers with a self-invested personal pension (Sipp) are the most confident their savings will pay for their retirement, research shows. Around 20 per cent of the over-55s have a Sipp, according to behavioural finance firm Oxford Risk. This group is the most comfortable that their pension will keep them comfortable in retirement. But those approaching [...]