Sheena McCaffrey
previously been made does not appear to have been made any more favourable – indeed, it still appears to be the case that any ‘lifetime allowance excess’ in such plans can (notwithstanding the abolition of the lifetime allowance charge) trigger penal UK tax charges in certain circumstances...
Are you up to date with the latest pension rule changes? 22 April 2024 in Planning ahead, Retirement & pensions, Wealth/financial planning Saving in a pension is one of the most tax-efficient ways to invest for your future. But to many people, pension rules seem like a minefield – ...
This article reports that on April 6, 2006 the current complex web of pensions regulation in Great Britain will be replaced with one new set of simplified rules applying to all pension plans. However, higher earners and those with significant pension benefits already accumulated, such as many gen...
Sean McCann, chartered financial planner at NFU Mutual, predicts: “We will see more people taking money from Isas and other investments which are subject to inheritance tax before accessing their pensions.” However, maximising pension contributions might be difficult if your income (including investm...
D Swiery,M Willitts - 《Department for Work & Pensions Uk》 被引量: 16发表: 2012年 Russian Economic Recovery in Jeopardy The sharp price hikes that accompanied the depreciation led to a swift decline in real wages and real pensions. Although the result was decreased demand, the depreciation...
Additionally, previous studies have found a relationship between incentives to work and the gross pension rate. Butler et al. [34] find that higher pensions lead to earlier retirement because higher expected pensions mean that older healthcare workers face less financial pressure to continue working ...
2), aimed to be based on sound business practices rather than increased bureaucracy. One fundamental practice introduced by this Directive was mandatory professional training for distributors. European Insurance and Occupational Pensions Authority (EIOPA) (Bernardino, 2015) played a crucial role in ...
This article reports that the government of Great Britain says 2010 will see the next major change to the pension landscape after A-Day with the implementation of the findings of the Turner Report. In a newspaper interview, pensions minister Stephen Timms said a consultation document on proposed ...
had based their estate planning on the existing rules. These changes may mean not only more estates becoming subject to IHT as the pensions will fall within the estate, but also lead to people accessing their pensions earlier rather than have a larger sum fall into their estate for IHT ...