Eyebrows were raised recently when the City of London Police revealed that pension fraud worth £4.7million had been reported by members of the public in May, effectively tripling the amounts reported in March and April.
A number of GPs and NHS Consultants who have a long service in their pension scheme and are on a high salary or who receive a promotional salary increase could very well be impacted by the pension taxation changes which come into effect from 6 April 2016.
On 14 July 2015 EIOPA published a note entitled ‘Need for high quality public disclosure: Solvency II’s report on solvency and financial condition and the potential role of external audit’. We discuss this note in our latest blog.
In early 2017 the Government will introduce a new Tax Free Childcare (TFC) scheme which is to replace the existing Employer-Supported Childcare Voucher (ESCV) scheme.
On Tuesday 7 July we hosted our ‘Solvency II must do’ seminar bringing together experts in each of the three pillars to share with the audience the must do’s before 1 January 2016.
A recent survey at our Employer Conference showed that transfer value options are set to be increasingly popular for employers to proactively offer members of DB schemes following the introduction of pension freedoms for defined contribution schemes.
The Chancellor’s emergency Budget 2015 has raised an old idea from the dead, while gazing into the crystal ball for reforms yet to come. We take a look at the future of pensions tax relief.
Chancellor George Osborne today unexpectedly announced that from November 2015 the standard rate of Insurance Premium Tax (IPT) will increase by over 58% from 6% to 9.5%.
The Chancellor is expected to take a tough line in Wednesday’s budget. We take a look at the pensions industry rumours, including tax relief, salary sacrifice and automatic enrolment.
It is common knowledge that smoking is the primary catalyst for lung cancer, the second and sixth highest cause of death for males and females respectively in 2012 . However, male and female mortality has been affected differently by changing prevalence of smoking.