Retirement | 18 Mar 15
Tax free lifetime allowance cut to £1m
The UK government is planning to cut the lifetime limit for tax-free pension saving to £1m from £1.25m, along with a series of measures designed to trigger a savings revolution.
Liechtenstein Disclosure Facility to end early
The UK Government has announced in todays Budget that it will close the Liechtenstein Disclosure Facility (LDF) half a year earlier than expected in order to make room for a tougher disclosure facility.
Retirement | 18 Mar 15
The UK govt creates secondary annuities market
The UK government will remove tax restrictions on people who want to sell the income stream from an existing annuity from 6 April next year, effectively giving them similar freedoms as those soon to be enjoyed by those in defined contribution savings plans.
Government lays out 3 1bn
UK chancellor George Osborne has announced plans to raise £3.1bn in revenues with a host of new anti-tax avoidance measures in his pre-election Budget speech to Parliament today.
MitonOptimal launches UK-focused fund of funds
Guernsey-based asset manager, MitonOptimal, has launched an offshore fund of funds which gives its international clients the opportunity to invest in the UK stockmarket.