JUDGES, PENSIONS AND TRANSITIONAL PROTECTION

POTENTIAL PITFALLS OF PENSION PLANNING Synopsis: The current Judicial Pension Scheme is not a Registered Pension Scheme, however, the new one being introduced in April 2015 is. Date posted: Friday, February 27, 2015 The current Judicial Pension Scheme is not a Registered Pension Scheme, however, the new Judicial Pension Scheme 2015 being introduced on 1 […]

PENSIONS WISE WEBSITE GOES LIVE

GUIDANCE GUARANTEE Synopsis: The Pension Wise website has gone live As part of the campaign to increase information on the April 2015 changes to pension flexibility, the Treasure have added a new information page on the .GOV website on what the changes mean to individuals. The information page also provides a link to the newly […]

NOVEMBER INFLATION NUMBERS

Synopsis: Annual CPI inflation fell unexpectedly to a 12 year low of just 1.0% in November. Inflation on the CPI measure has stepped down by 0.3% to 1.0% in November. The November inflation numbers from the Office for National Statistics (ONS) more than reversed the previous month’s 0.1% increase and were well below market expectations of about […]

OECD/G20 STANDARD ON AUTOMATIC EXCHANGE OF TAX INFORMATION

TAX AVOIDANCE Synopsis: Over 50 jurisdictions have signed up to the automatic exchange of tax information and will be required to commit to an annual exchange of all financial information automatically on a reciprocal basis with all other participating countries. Date posted: Friday, November 07, 2014 The new OECD/G20 standard on automatic exchange of tax […]

DWP – BETTER WORKPLACE PENSIONS: PUTTING SAVERS’ INTERESTS FIRST

PENSIONS – AUTOMATIC ENROLMENT/AUTOMATIC ENROLMENT Synopsis: The DWP has issued a consultation paper putting forward Governments proposals along with draft Regulations for consultation. Date posted: Wednesday, October 22, 2014 The DWP has issued a “Better workplace pensions: putting savers’ interests first” consultation paper putting forward Governments proposals along with draft Regulations for consultation. The consultation period will […]

NATIONAL INSURANCE FUND TO GO BUST?

Synopsis: The Centre for Policy Studies (CPS) has published a paper examining the finances of the National Insurance Fund. The CPS says that the fund will run out of money imminently and that the situation offers an opportunity both to scrap NICs and to revisit the idea of a single combined earnings tax, covering income […]

NEST PUBLISHES ITS SIP FOR 2014/15

PENSIONS – AUTOMATIC ENROLMENT/AUTOMATIC ENROLMENT Synopsis: NEST has issued an updated Statement of Investment Principles for the year to 1 April 2015. Date posted: Friday, August 15, 2014 NEST has issued an updated Statement of Investment Principles (SIP) for the year to 1 April 2015. The update has been based on evidence and NEST’s experiences from the […]

NEW PENSION TAX RULES AND MEANS TESTING

PENSION ADVICE STRATEGIES Synopsis: The increased retirement benefit flexibility, due to be introduced from April 2015, will mean that advisers need to have an understanding of the potential impact on means testing. Date posted: Friday, June 13, 2014 It is important to understand how uncrystallised pension rights impact on a member’s ability to claim certain […]

Life Cover by Opus Gold

Did you know that your business can pay the premiums for your life cover so you don’t have to. See our short video on how much tax this can save you; mortgage and family protection does not have to be taxing.

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