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L&G warns about lost pension contributions

Up to £40bn of pensions tax relief a year is going to waste because people are not making the most of their personal pension allowances, according to Legal & General.

It says there are 52 million people eligible to pay in to personal pensions or stakeholder but many are not aware of the contribution limits.

L&G says IFAs should be reminding clients when reviewing their Isa requirements to use up their £3,600 pension allowance for themselves, their partners and their children.

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Employer iPMI responsibilities could continue to escalate, says Jelf

New laws in Dubai will put the burden of providing international private medical insurance (iPMI) firmly on the shoulders of the employer in order to maintain the country’s leading healthcare facilities. With 10,000 UK nationals having moved to the country since 2007 and only 16.5 per cent of the total 8.2 million people living there being Emiratis, Jelf Employee Benefits believes this move was inevitable and employer responsibilities could continue to escalate in future.

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