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Pension credits linked to wages

In a bid to boost pensioners&#39 savings, Chancellor Gordon Brown announced pension credits will increase in line with earnings and not prices when they are introduced in 2003.

Pensioners&#39 tax allowances will also rise in line with wages and not prices.

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Gordon Brown’s decision to abolish stamp duty on all property transactions in deprived parts of the UK has been branded a “cheap give away” by industry sources.The Treasury claims dropping stamp duty will revive depressed property markets and encourage families to live in disadvantaged areas.But mortgage experts say few houses in such areas would be […]

Abbey Nat cuts mortgage rates

Abbey National is slashing its variable mortgage rate for new and existing borrowers from April 30. The options are a “no-frills” tracker at 0.9 per cent above base rate or a flexible mortgage at 1 per cent over base rate. The rate was previously 7.49 per cent.

FSA plants seed for decision trees to shake out IFAs

The decision tree is already bearing poisoned fruit. The relationship between IFAs and providers is now under a pernicious attack with the stakeholder pension and accompanying trees as the excuse. Money Marketing understands that the regulator has told providers that, where clients are introduced to them by an IFA,if at any time they are subsequently […]

IHT nil-rate band rises £8k to £242k

The Chancellor has increased the inheritance tax nil-rate band by £8,000 to £242,000. Brown says the move will result in 96 per cent of all estates in the UK not being charged any inheritance tax.

Why prevention is better than cure

Quoting the famous adage, prevention is better than cure; there are many proactive benefits that can improve wellness in the workplace, decrease stress, increase staff morale and reduce absenteeism, as well as attracting and retaining employees of a higher standard. With a recent study showing that employees in Britain are working below peak productivity, preventative benefits can ensure you address potential health issues or causes of stress at their source and ensure productivity in the workplace remains at an optimum level. With this in mind, how are you using preventative benefits to help keep your workforce happy and healthy?

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