Share schemes: both sides of the coin
Like most mutual funds over the last couple of years, many share save and share incentive plans are underwater. Unlike mutual funds, however, employees in the plans are not stuck with these...
Like most mutual funds over the last couple of years, many share save and share incentive plans are underwater. Unlike mutual funds, however, employees in the plans are not stuck with these...
The firm says employer contributions paid in respect of high earners will no longer be tax-exempt as far as the employee is concerned. It points out that it will be easy to...
John Moret, director of sales and marketing at Suffolk Life says the Budget changes have broken the understanding that provided they did not exceed the annual or lifetime allowance, high earners could...
From April 11 pension contributions for people who earn over £150,000 will not receive tax relief at 40 per cent. Instead it will be tapered down to 20 per cent for earnings...
Called the Family Suntrust, the product is a group Sipp written under its own trust to allow efficient management of pooled assets, including commercial property, by families, business partners and groups of...
The life office says it is running a pilot on a small number of cases to test the market, and will wait until after the FSA statement on the RDR and its...
Jenkins will open the conference with a presentation focusing on the conference’s theme of ‘Promoting Professionalism’.Jenkins is currently leading the CII’s response to the Retail Distribution Review. Lawless is managing director of...
Responding to Axa’s withdrawal from initial commission for corporate pensions, Aegon says it believes intermediary services should continue to be allowed to be funded through product charges.Aegon, Norwich Union and Scottish Widows...
Both providers say they remain committed to commission options in the wake of Axa’s decision to pull out of the initial commission market. Widows says that the Retail Distribution Review means the...
The broker and consultancy had previously paid between 6 and 12 per cent into schemes, depending on the age of the employee, with staff paying just 2 per cent. In future, the...