Your top 10 most-read IPM articles in 2024
Each month, we provide helpful updates to help you answer your clients’ SIPP questions. Here are your top 10 most-read articles from the last 12 months.
With continued global uncertainty and a year of elections around the world, 2024 has been a challenging time for advisers and planners.
In addition to continued market volatility and a continued squeeze on household incomes, financial firms also had to navigate a change of government in the UK and a raft of new Budget measures.
Navigating your clients’ financial plans through these choppy waters can be tricky. So, each month, we try to provide helpful and informative updates, tackling a range of SIPP and pension-related matters, so you’re better placed to answer your clients’ questions.
At this time of year, we traditionally round up the most popular articles from the previous year, so you can find loads of useful SIPP guidance and information in one place.
Here are your 10 most-read IPM articles from 2024.
1. The state of the SIPP market in 2024 – here’s what you told us
In our adviser survey, we asked for your input on the current state of the SIPP market.
- Are you seeing more or less interest in bespoke SIPPs?
- Are you recommending as many SIPPs as you were three years ago?
- Why are you still recommending a bespoke SIPP to a client?
This article shares your feedback and looks at the positive state of the specialist SIPP market in 2024.
2. 10 common questions you ask us about paying SIPP death benefits, and some helpful answers
Talking to a client about what will happen with their wealth when they die is an important consideration when helping clients achieve their goals.
Pensions can play an important role in this planning, given their tax efficiency (although the Budget may change this!)
Here are answers to 10 common questions you ask us about paying SIPP death benefits.
3. 6 questions you ask us that we say “no” to
If you regularly work with IPM you will know that we always aim to accommodate client requests wherever we can. However, we won’t always be able to agree to a client request.
With this in mind, this article shares six examples of questions we say “no” to and, more importantly, the reasons why this is our answer.
4. “Second to none” service – here’s what you told us in our 2024 survey
Dozens of you took time out this year to respond to our adviser survey.
Thank you to everyone who provided feedback – here is a summary of what advisers and planners told us in the autumn of 2024.
5. 4 key pension takeaways from the Autumn Budget
While the speculation in the run-up to the Budget was fevered, the chancellor made relatively few big announcements in her first fiscal statement.
However, there were some pension-related measures in Rachel Reeves’ speech – so here’s a summary of four key points.
6. What the Lifetime Allowance removal means for your clients – here’s the current state of play
April 2024 saw the formal abolition of the Lifetime Allowance (LTA). However, this legislative change didn’t necessarily reduce complexity when a client came to drawing pension benefits.
Here’s a summary of the LTA state of play after the new rules came into force on the 24/25 tax year.
7. A useful reminder of the “pension recycling” rules
The “pension recycling” rules are in place to stop individuals taking advantage of the tax relief available on pensions, both on the way in and on the way out.
Here’s a useful summary of these rules that can help your clients stay on the right side of the legislation.
8. The top 7 reasons clients choose IPM over the competition
We regularly receive feedback from our advisers about why they like working with IPM and, in particular, why they choose IPM as their SIPP provider of choice.
In this article, you can find the top seven reasons why advisers choose IPM over the competition.
9. IPM secures AKG rating, including five-star rating for service
Our AKG rating assessment was completed in September 2024, and we are pleased to have received a B- Satisfactory rating, which includes a five-star rating for the service IPM provides to our advisers and clients.
Find out more about how this AKG rating can support your client advice in this useful article.
10. The new pension allowances – some useful examples and case studies
The formal removal of the Lifetime Allowance (LTA) on 6 April 2024 has left advisers, clients, and providers all grappling with new rules and allowances that pension benefits are tested against when clients draw them down.
In this article you can discover some case studies that illustrate how these limits will be applied in practice.
Get in touch
Thanks for taking the time to read our updates in 2024. If there are any topics that you’d like us to cover in 2025, please let us know.
If you have any SIPP-related queries, or if you have any clients for whom SIPP or SSAS advice would be beneficial, please get in touch. Email info@ipm-pensions.co.uk or call 01438 747151.