News

News

We like to provide regular news bulletins on matters of importance to pension professionals and those who take an interest in their own retirement planning. These are e-mailed to our clients, usually on a monthly basis, and you are welcome to register in order to receive future issues by registering here.

We also reproduce the articles on this website. To see recent issues, please click on the link below.

Special Annual Allowance

The April 2009 budget and the pre-budget report in December 2009, significantly restricted pension contribution tax relief for high earners. The Budget Statement on 24th March 2010 confirmed the details.

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Building a NEST?

Personal Accounts, or National Employment Savings Trusts as we must now learn to call them, are expected to start from October 2012 – less than two and a half years away.

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Pension tax relief

The removal of personal allowances and higher rate tax relief for higher earners were announced in the April 2009 budget by the chancellor, Alistair Darling.

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Nearing Retirement

Those nearing retirement at the moment, with investment markets well below their level of a few years ago, might be forgiven for becoming concerned about their options.

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Personal accounts (NESTs)

The Government is concerned that people are not saving enough for their retirement (because the state cannot afford to provide significant benefits as the number of workers is falling, compared with those in retirement). It has therefore legislated for the introduction of Personal Accounts in 2012, as part of the Pensions Act 2008.

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