View more on these topics

ACA calls for pension tax freeze in budget

The Association of Consulting Actuaries is calling on the Government to freeze pension taxation in the forthcoming Budget on March 9 because it claims taxes first need simplifying.


The association believes more people must lock away saving into long-term retirement plans for any reforms to succeed, and for this to happen, there has to be a greater understanding of tax rules.


ACA chairman Martin Slack says: &#34The Government must rebuild trust in the stability of the pensions tax regime, as it retreats into a role of being not much more than a safety net provider.&#34

Recommended

NU&#39s healthcare product gives choice between private and NHS

Norwich Union Healthcare is launching a private medical insurance scheme that will allow people to choose between private and NHS treatment.The life office says it is launching the scheme because many people can&#39t afford private health insurance and others do not want to feel they have abandoned the NHS.It says &#39Fair and Square&#39 provides a […]

Investor Intelligence signs up Henderson Investors

Investor Intelligence has signed up Henderson Investors in its bid to attract high net worth investors through a new wealth management service.The marketing and sales service for IFAs is targeting clients with assets over £50,000.Investors in the deal will be offered specially negotiated fees and charges.Chairman Investor Intelligence Stuart Lewis says: &#34We are delighted Henderson […]

Skipton reduces variable rate for mortgages

Skipton Building Society is reducing its variable mortgage rate to 6.89 per cent.Its 3-Year discount mortgage offers a rate of 3.89 per cent in the first year for loans up to 75 per cent of value and 4.89 per cent for loans up to 95 per cent LTV.Sales and marketing director Alan Scotter says: &#34As […]

EFM&#39s Java Trust shows 32.2 per cent fall in 1998

Edinburgh Fund Managers&#39 Edinburgh Java Trust, which invests in Indonesia, has issued preliminary results for last year showing a decline of 32.2 per cent.This compares with a decline in the benchmark index the Jardine Nusantara Index of 34.1 per cent.The fund manager says the vast majority of the fall is a result of weakness against […]

What triggers the MPAA?

Jim Grant – Senior Product Insight & Technical Support Analyst There’s sometimes confusion around what triggers the money purchase annual allowance. Find out what does and what doesn’t trigger the MPAA. The money purchase annual allowance (MPAA) is a reduced annual allowance that can apply to contributions to defined contribution (DC) schemes. The following table […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment