Govt crackdown to protect pensions when firms go bust

The government is pressing ahead with plans to safeguard pensions when a company goes bust with directors potentially facing being banned or fined. Directors who dissolve their companies to avoid paying pensions could be subject to the penalties. Under the new powers the Insolvency Service will be able to fine directors or have them disqualified. […]

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Advice firm looks to national expansion after AR acquisition

Financial planning and discretionary fund management firm Gale and Phillipson has recruited London-based Gyr Financial Consulting as an appointed representative as it looks to bolster its presence around the country. Gale and Phillipson chief executive David Carr says Gyr will be allowed to remain fully independent in its investment decisions. The firm is looking to […]

The What of Trusts: Gift Trusts(part 1)

Helen O’Hagan, Technical Manager at Prudential looks at the concept of trusts, starting with Gift trusts and why they can be confusing and complex for many advisers. W – why use a gift trust?H – how to set up a gift trustA – access for the settlor and beneficiariesT – taxation of the trust WHY […]


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