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No shake-up for pension- Isa link until at least 2017
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The Government will not pursue radical reform of the pension and Isa regimes until 2017 at the earliest, Money Marketing understands.
added on 07/05/12 @ 11:10am
Aegon calls for one year Sipp disclosure delay
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Aegon is warning the successful implementation of the RDR will be put at risk unless the FSA delays Sipp disclosure requirements by at least a year.
added on 07/05/12 @ 11:04am
HMRC confirms wider VAT exemptions for advice
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HM Revenue & Customs (HMRC) has confirmed guidance for the VAT treatment of advice under the retail distribution review (RDR) that gives greater exemptions from the tax. The guidance, which was presented in a draft document earlier this year, outline t
added on 01/03/12 @ 09:43am
Advisers warn over HMRC pension calculator mistakes
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Advisers are warning that HM Revenue & Customs’ pensions annual allowance calculator is producing incorrect results for certain investors as it fails to take account of straddling pension input periods. In October 2010, the Government set out plans to
added on 09/02/12 @ 09:26am
Protect your pension allowance or risk 55% tax penalty
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Pension savers nearing the £1.8 million lifetime allowance for contributions could be slapped with a 55% tax penalty if they do not protect their allowance by April.
added on 03/02/12 @ 10:50am
Gov’t introduces 2% minimum GAD rate cap for drawdown
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HM Revenue & Customs has responded to rising concern over the affect of plummeting gilt yields on retirement savers by introducing a minimum cap of two per cent of the Government Actuary’s Department rate for drawdown calculations.
added on 17/01/12 @ 09:45am