The highest earners in the country would lose out more on pensions tax relief under the Conservatives than the Liberal Democrats. Each of the major parties has indicated cutting the tax relief on higher earners following the general election. Scenarios modelled by Fidelity Worldwide Investment show someone earning £250,000 a year and making gross pension […]
Sales in Prudential’s UK business are up 8 per cent year-on-year as bonds, personal pensions and drawdown products offset the loss of annuities, the firm’s quarterly results show. UK retail sales, on an annual premium equivalent basis, hit £169m in the three months to March, compared to £157m to the same quarter last year, a […]
Labour will reintroduce a tax dropped by Government to fund its plans to abolish the bedroom tax.
The proposed fee increases from the FCA should shock and anger firms. They should also worry consumers. These costs have to be passed on. With inflation running at 0 per cent and wages increasing at less than 2 per cent, it takes a special type of organisation to propose increasing its costs by 8.5 per […]
Our recent analysis of HMRC figures has highlighted shocking disparities in pension incomes throughout the UK. Our recent analysis of HMRC figures has highlighted shocking disparities in pension incomes throughout the UK. HMRC’s Personal Incomes Statistics 2015-16 show that while the top ten local authorities for pension income are all in London or the South East, […]
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