Latest News (links open in a new window)
DWP confirm delay to auto enrolment.
Government to delay auto enrolment for small firms?
NEST competitor launches in the UK
It’s all to do with auto-enrolment - click here for further information
S&P re-affirm UK’s top credit rating
Rights or wrongs of UK fiscal policy aside, this is a Good Thing.
Pension legislation update (pdf opens in new window)
Including a reduction of the annual contribution levels and ability to withdraw more than 25% of the fund in some circumstances.
Auto-Enrolment confirmed for all employees
Starting in 2012 and phased in by 2016, all employers will have to enrol all employees earning over £7,450 into a suitable pension scheme.
State pension to be increased to £140 with no means testing
The devil will be in the detail!
Pension contributions limited to £50,000 per year
Lifetime allowance also reduced to £1.5m.
Child Benefit axed for higher rate tax payers
A bit tough if one partner earns £45,000 and the other stays at home, but there you go.
UK Banks might need another bailout according to a thinktank
I’d like a job in a “think tank”.
Interest rates may rise - warns ex Bank of England deputy governor
Having said that, the current governor, Mervyn King, said they won’t.
Lender returns to buy to let market as other make “high margins”
The lender is Paragon, who pulled out of the market around 2 years ago.
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