by Gail Higgins | Mar 22, 2013 | Uncategorized
On 14 January, the Department for Work and Pensions (DWP) published its White Paper outlining proposals to reform the State Pension into a single-tier benefit. It announced that the new single-tier pension would not be introduced before April 2017 and will apply only...
by Gail Higgins | Mar 21, 2013 | Uncategorized
From April 2013: the Government has confirmed that the top rate of Income Tax will be reduced from 50% to 45%. From April 2014: the Personal Allowance for Income Tax will reach the Lib Dems’ target of £10,000. It will be increased in subsequent years in line...
by Gail Higgins | Mar 1, 2013 | Uncategorized
Although the idea of imposing a Financial Transaction Tax across the whole of Europe-wide was vetoed last year, 11 states have decided to go ahead and implement the tax within their own countries. The tax is intended to discourage undue risk-taking and to ensure that...
by Gail Higgins | Feb 15, 2013 | Uncategorized
Background Last year, following consultation, the Government decided to address the problem of “small pots” – small pension accounts created by individuals having a short period of service in a scheme – by arranging that members’ pension...
by Gail Higgins | Jan 4, 2013 | Uncategorized
Introduction The Department for Work & Pensions (DWP) has published a long-awaited strategy document on Reinvigorating Workplace Pensions that sets out what the Government believes to be the key elements needed for a private pension system that delivers decent...
