View more on these topics

Small companies share ownership up

Smaller companies with less than £15m assets are embracing employee shareholding, according to venture capital company 3i.


The 3i research showed 60 per cent of the smaller UK companies surveyed believe key staff should have share options. 59 per cent believe if the taxing of share options was more favourable, finding and keeping staff would be easier.


Chancellor Gordon Brown announced the scheme in November, to allow up to10 managers at smaller companies £100,000 in share options free from income tax and National Insurance.


The 3i chairman Brian Larcombe says: “We fully support wider share ownership where it is beneficial to the business in recruiting and retaining staff.”

Recommended

FSA warns investors about high-tech stock

Investors are being warned on the dangers of speculating on small high-technology stock by the Financial Services Authority and the Securities and Futures Authority.FSA director of consumer relations said: “Consumers investing their money in smaller company shares need to know the prices of those shares can be volatile- both up and down. They need to […]

Winterthur fights annuity limit

Winterthur Life is lobbying for a change to the rule on compulsory annuity purchase at 75.The news follows a Lords debate on raising the compulsory annuity age to 80 in which social security minister Lord Macintosh claimed the pensions industry had failed to provide alternatives to holding the age at 75.Winterthur Life director of sales […]

FSA points to firms&#39 compliance failings

The FSA says 99 out of 100 companies are failing to comply fully with itsrules. The regulator&#39s internal study revealed only 1 per cent of firms arefound to be fully compliant when it conducts routine inspections. But itsays the figures must be looked at in the context that the changes itenforces are usually minor and […]

Borrowers shun traditional mortgage – survey

Borrowers are shunning traditional style mortgages in favour of more flexible products, according to new research by Mori.The Alliance & Leicester-commissioned poll of 2,000 people showed one in three respondents found mortgages allowing quicker pay-off the most attractive.A&L mortgage manager Jill Butterwood highlighted borrowers were looking for mortgages with the flexibility to adapt to changes […]

Dubai

White paper — Dubai International Insights

Jelf Employee Benefits discusses the legislative changes in Dubai, available medical facilities and policy considerations for employers with expatriate workforces in the country. This edition will be of particular interest to global human resource directors, compensation and benefits specialists and mobility managers who have employee populations in Dubai, or are considering operating there in the near future.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment