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Radical Pension Reforms Briefing Attracts Real Interest

30 November 2005

With a massive overhaul of pension legislation due in April 2006, commonly know as ‘A-Day’, Furley Page Solicitors had an overwhelming response to its recent seminar to consider the new radical reforms that will affect individuals and businesses. Held at Canterbury Cathedral International Study Centre, the seminar was run in conjunction with Cripps Portfolio, the Kent-based discretionary investment management group. It was so successful that further seminars may be held before the law is introduced as the changes could leave people seriously out of pocket if they do not act now. Simon Ludden, financial planning manager at Furley Page, explained the changes to pension rules and how they will affect individuals and companies. Simon Joyce of Cripps Portfolio discussed the need for a properly structured investment strategy for pension portfolios. Mr Ludden said: “We felt that it was important that our clients should be fully informed about the new legislation and how and if it affects them. It is important people do not delay taking action as most pension providers expect a last-minute rush and will operate on a first come, first served basis.”

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