Trials that would solve the pensions crisis for the self- employed have been delayed. Guy Opperman, minister for pensions and financial inclusion, said: “the government would provide more information about the trial areas later this year, following its feasibility...
In a survey conducted by Prudential, more than half of people under the age of 35 (millennials) want their employer to do more to explain pensions and benefits. The survey was completed by 1,178 millennials and showed that 24% of these people do not have a pension...
EIS: A brief background In 1994, the Government launched a scheme called ‘The Enterprise Investment Scheme’ or EIS for short, and this scheme was created in order to encourage individuals to invest in companies that were in the early stage of their lifespan. It was...
New pensions rules - key stats According to HMRC figures released last month, over 230,000 people have used the new pension rules, introduced one year ago, to access over £4.3bn in pensions saving. Since the pension flexibility rules took effect from 6 April 2015:...
On the back of The Pensions Regulator fining Swindon Town Football Company £22,900 after it failed to put eligible workers into a pension scheme, this article is a worthwhile reminder of auto enrolment fines. What auto-enrolment fines could you receive? If your...
The new Lifetime ISA - details beyond the tax free headlines One of the more welcome announcements for individuals and "the next generation" from the recent 2016 Budget was the introduction of the new Lifetime ISA in April 2017. This is a new measure aimed at helping...
Are you aware of the changes to tax relief on pensions for high earners for 2016/17? If you are a higher earner, pension contributions can be a very tax-efficient way of saving for your future. However, changes are due to come into force from 6 April 2016 which will...
How can you maximise the opportunities for pensions tax relief following the big pension reforms? The recent substantial changes to the rules for accessing money purchase pensions and the treatment of funds remaining on death has sparked increased interest in pension...
Pensions scams Those approaching retirement are being urged to be aware of a rise in pension scams, as criminals seek new ways to defraud pensioners. Savers have been urged to be aware of a rise in pension scams, as criminals seek new ways to defraud pensioners....
Trials that would solve the pensions crisis for the self- employed have been delayed. Guy Opperman, minister for pensions and financial inclusion, said: “the government would provide more information about the trial areas later this year, following its feasibility...
In a survey conducted by Prudential, more than half of people under the age of 35 (millennials) want their employer to do more to explain pensions and benefits. The survey was completed by 1,178 millennials and showed that 24% of these people do not have a pension...
EIS: A brief background In 1994, the Government launched a scheme called ‘The Enterprise Investment Scheme’ or EIS for short, and this scheme was created in order to encourage individuals to invest in companies that were in the early stage of their lifespan. It was...