Alliance Trust has urged professional advisers to take advantage of tax saving opportunities to enhance their clients' pension arrangements.
The fund management and pensions firm said capital gains would be taxed at a flat rate of 18pc from April 6 – but explained investors could use their SIPP to hold on to their shares while only paying 10pc...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.