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White paper — In Focus: Fit for Work Service and Income Tax Regulations

Jelf Employee Benefits explores the draft Income Tax (Recommended Medical Treatment) Regulations 2014 and why intervention is such an important aspect of absence management.

Click on the link below to download the white paper

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FOS orders Intrinsic to pay investors over ‘unsuitable’ advice

The Financial Ombudsman Service has ordered Intrinsic to compensate investors for “unsuitable” investment advice. In a final decision notice from September, published this week, the FOS said Intrinsic failed to assess client risk properly and recommended unsuitable funds. In 2007, Mr and Mrs D were recommended investments by an Intrinsic adviser but the meeting was not […]

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Govt launches ‘revolution in tax transparency’

The Government has begun sending new annual tax summaries which explain how individuals’ tax is calculated and what it is spent on. From today, over 24 million people will receive the statements, which were first announced by Chancellor George Osborne in his 2012 Budget. The summaries will show how much income tax and national insurance […]

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Wells Street Journal: Industry haunted by ghostly annuities

Hacks at WSJ sister title Money Marketing are used to receiving holiday-themed press releases – so much so that competitions are regularly held to find the cheesiest attempt to catch the interest of journalists desperate to fill column inches. Friends Life is the undoubted winner of the latest round of Halloween-inspired campaigns. The company’s email […]

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Almost nine in 10 employers admit failings with post-DRA compliance

The default retirement age (DRA) was abolished more than three years ago, yet new research from Jelf Employee Benefits suggests that the vast majority of employers still have some way to go to fully understand, comply and communicate the landmark legislation change that prevents older employees being forcibly retired on the grounds of age alone.

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Pension tax relief: parked (for the moment)

The national news agenda has been dominated by pension issues this month. For those that missed it (and there cannot have been many given that this was the lead story in spoken and written media), the Chancellor announced a decision to make no decision on pension tax relief in his 16 March 2016 Budget speech. To […]

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