Pension Wise

It’s surprising that given the number of changes that have been made to UK pensions in the last 18 months, there are still so many people still do not know what Pension Wise is, who it’s for, or what it does. Pension Wise is the Government’s free, impartial retirement guidance service that’s open to everyone […]

Dealing with the interference of protection and employer sponsored pension contributions

Many firms offer an employer contribution,  some require an employee to make a contribution of their own volition, but most do wish to pass on the monetary value of this pension contribution if an employee refuses to join the pension scheme. However, changes to pension legislation, and in particular the imminent reduction in tax efficient allowances, means that many […]

Pension Factsheet – Q1 2016

Contents 1. Radical change to contribution tax relief limits for high earners 2. Lifetime Allowance reduction 2016 3. Potential ‘flat rate’ pension contribution tax relief 1. Radical change (reduction) to contribution tax relief limits for high earners You may be aware that in the Summer Budget the Chancellor announced changes to pensions that will affect […]

Auto Enrolment Update

It is frightening how time is flying by…… can you believe its almost Easter ?! It’s a similar story with Auto Enrolment. The Auto Enrolment Staging Dates for the thousands of employers with less than 50 employees are in full swing and in just over a year’s time the final category of employers, those that […]

Claiming Pension Higher Rate Tax Relief

The following does NOT apply to Salary Sacrifice / Exchange or SMART  pension contributions Basic rate tax relief is automatically added to any personal pension contributions you make from your net pay at the point the contributions are invested into your pension account.  If you are a higher/additional rate taxpayer, you are entitled to claim additional […]

Auto Enrolment Update

It is frightening how time is flying by…… can you believe its almost Easter ?! It’s a similar story with Auto Enrolment. The Auto Enrolment Staging Dates for the thousands of employers with less than 50 employees are in full swing and in just over a year’s time the final category of employers, those that […]

Pension Factsheet – Q1 2016

 Contents Radical change to contribution tax relief limits for high earners Lifetime Allowance reduction 2016 Potential ‘flat rate’ pension contribution tax relief 1.  Radical change (reduction) to contribution tax relief limits for high earners You may be aware that in the Summer Budget the Chancellor announced changes to pensions that will affect higher earners. Contributions […]

Dealing with the interference of protection and employer-sponsored pension contributions

Many firms offer an employer contribution,  some require an employee to make a contribution of their own volition, but most do wish to pass on the monetary value of this pension contribution if an employee refuses to join the pension scheme. However, changes to pension legislation, and in particular the imminent reduction in tax efficient allowances, means that many […]

Claiming Pension Higher Rate Tax Relief

Basic rate tax relief is automatically added to any personal pension contributions you make from your net pay at the point the contributions are invested into your pension account.

Pension Wise

It’s surprising that given the number of changes that have been made to UK pensions in the last 18 months, there are still so many people still do not know what Pension Wise is, who it’s for, or what it does. Pension Wise is the Government’s free, impartial retirement guidance service that’s open to everyone […]