The global pension and superannuation industry has long been reeling from damaging demographic changes and badly mauled by previous negative asset price movements.
Now there is even more trouble for occupational (company) and personal pension schemes with the latest global market collapse and economic recession.
This includes Self Investment Personal Pensions (SIPP) and Qualifying Recognised Overseas Pension Schemes (QROPS), where negative tax authority action is causing additional problems.
In pension and retirement planning for the last 25 years, we are already extensively counseling many new clients with our specialist advice and 2nd opinions, and wealth preservation is the current big story.
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