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Pension tax relief forecast to reach £41bn

The cost of pensions tax relief for employers is £950m higher than originally estimated for the 2016/17 financial year according to figures published by HM Revenue and Customs. Its updated estimates on the cost of tax relief show the bill for relief on National Insurance Contributions for employers is higher than previously thought. Meanwhile the […]

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5

Aviva replatforming issues delay adviser payments

Problems with Aviva’s platform upgrade have meant some payments to advisers have failed to go through. Advisers have also complained to Money Marketing that there have been delays to income payments due to clients. Aviva has been beset with problems since it launched its new FNZ-powered platform on 23 January. This launch followed five-days of […]

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