Personal pensions (SIPPs) ‐ how will ‘A’ Day affect you?

THE possibility of pension‐holders ‘investing’ in items such as fine wines and holiday homes recently created some excitement in the media, but the reality is (sadly!) somewhat different. For most people, the new pension simplification legislation that comes into force on April 6 will ‘do what it sa...

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Bibliographic Details
Published in:In practice (London 1979) Vol. 28; no. 4; pp. 219 - 220
Main Author: Nation, Martin
Format: Journal Article
Language:English
Published: London Br Veterinary Assoc 01-04-2006
BMJ Publishing Group Limited
Blackwell Publishing Ltd
Online Access:Get full text
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Summary:THE possibility of pension‐holders ‘investing’ in items such as fine wines and holiday homes recently created some excitement in the media, but the reality is (sadly!) somewhat different. For most people, the new pension simplification legislation that comes into force on April 6 will ‘do what it says on the tin’: it will make it easier to choose and, in some cases, direct your own pension scheme. Martin Nation outlines the opportunities and tax advantages the new legislation is expected to bring.
ISSN:0263-841X
2042-7689
DOI:10.1136/inpract.28.4.219