More transfers will be hit by the 25 per cent overseas transfer charge (OTC) on transfers from UK registered pensions schemes to qualifying recognised overseas pension scheme (QROPS), Budget papers published today...
Chancellor Rachel Reeves has unveiled plans to add billions to the NHS, including a £22.6 billion boost to the NHS's day-to-day budget and an additional £3.1 billion in capital funding over the...
The Chancellor has announced widespread changes to capital gains tax (CGT) which include an increase to the rates charged on carried interest. Carried interest is the share of profits that is often...
The pensions industry has welcomed the decision by the Chancellor not to make changes to how much cash people can withdraw from pensions tax-free. There has been speculation prior to today’s Budget...
Employer National Insurance contributions will increase from 13.8 percent to 15 percent from April 2025, chancellor Rachel Reeves has confirmed in her first Budget today. But there has been no introduction of...
In her first Budget the Chancellor Rachel Reeves has confirmed that pensions will be included within the value of estates for inheritance tax purposes. This change will be effective from April 2027...
The Chancellor has confirmed that the state pension will rise by 4.1 per cent to match the average earnings element of the triple lock. This means that next year’s full new state...
Scottish Widows is welcoming 24 new tech trainees at its Dundee Tech School to develop gamified products for Lloyds Banking brands, aiming to boost pension engagement. The school, which was established in...
The inflation-busting increases to the national living wage will have a positive impact on pension contributions for many employees. The government announced yesterday that the national living wage — now paid to...
The Universities Superannuation Scheme (USS) has joined Standard Life’s Trustee Accelerator Programme (TAP), offering trustee trainee Dean Dennis, managing director of global services at Verizon Business, an 18-month pensions committee shadowing opportunity....
