Industry
Ringing in the pension changes FPI
The UK Taxation of Pensions Act 2014 paves the way for the implementation of radical changes to the UK pensions tax regime. Technical services manager at Friends Provident International, Brendan Harper, asks are you ready?
Phoenix prevents 8m theft pension liberation
Jersey-headquartered life insurer, Phoenix Group, said potential fraudsters attempted to steal £8m of clients’ pension savings last year.
Tax & Regulation | 19 Mar 15
HMRC to introduce strict liability offence
HM Revenue & Customs plans to introduce a new strict liability criminal offence on both offshore tax evaders and those who help them following the UK Governments clampdown on tax dodging in yesterdays Budget.
Budget 2015 Winners losers and kneejerk reactions
The dust is still swirling around the House of Commons and copies of white papers are being furiously read, but the initial reactions are in on this year’s national budget. And, the consensus, if one believes twitter and the stock market seems to be mixed.
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.