Jun 17, 2021 | Newsletter
The Pensions Regulator (TPR) chief executive, Charles Counsell, has urged companies in the gig economy to proactively begin work on enrolling their employees into pension schemes, rather than dealing with the issue on a “case by case basis”. The comments, made as part...
Jun 15, 2021 | Newsletter
The Supreme Court has ruled that there should be no charge to inheritance tax on a transfer to an individual’s personal pension plan. The case was brought to the Supreme Court when Mrs Rachel Staveley who, before she passed away in 2006, transferred her pension fund...
Jun 13, 2021 | Newsletter
People who hold more than one job are at risk of a poorer retirement due to missing out on employer pension contributions. Auto-enrolment was introduced in order to encourage people to save more in their pensions during their working years, due to concerns that we...
Jun 11, 2021 | Newsletter
The governor of the Bank of England on Thursday warned inflation was likely to be “a bit bumpy” this year but insisted there was little reason to panic over the medium term. His comments come shortly after the central bank upgraded its outlook for the U.K. economy....