Government plans to review tax on high earners could hit many on salaries lower than the £130,000 target group. Those who receive a performance-related bonus, for instance, could be subject to hefty tax recovery charges.
Posts Tagged ‘Company Pension Scheme’
High earners tax may miss target
Thursday, March 11th, 2010Pension Transfer Advice
Tuesday, February 23rd, 2010It is important, when considering a pension transfer, that the correct assessment has been carried out on your existing pension, as well as a pension review on the pension product or wrapper that you are moving to.
Company pension schemes creaking under weight of deficits – PPF
Tuesday, February 9th, 2010
Three-quarters of final salary company pension schemes in the UK are now in deficit, potentially jeopardising the pensions provision of thousands of workers, according to the Pension Protection Fund.
Pensions planning shows first cracks as many feel the pinch
Monday, February 1st, 2010The pensions ‘ice age’ has begun, with many of those approaching retirement realising that their pensions planning will not sustain the lifestyle they had hoped for. As a result, a quarter of men and 64% of women are planning to work beyond the state pension age, most of them listing financial necessity as the reason, according to the Equality and Human Rights Commission (EHRC)*.
Don’t wait for Government – act now on your personal pension
Friday, January 8th, 2010
As the government rebrands its personal pensions scheme as NEST (National Employment Savings Trust), industry experts are warning savers not to wait for the new workplace pension scheme, which will not be fully operational until 2017.
Pension savers beware of pension scheme transfer incentives – Regulator
Friday, December 11th, 2009If you are a pension saver with a defined benefit pension, you should treat with suspicion company initiatives to encourage you to transfer out of your pension scheme, in return for a lump sum.
Such lump sum offers, known as ‘enhanced transfers’, are increasingly common as companies strive to dismantle their highly expensive defined benefit pension schemes.
About Us
Annuities
Financial Planning
Investments
Loans
Mortgages
Pensions
Personal Insurance
Savings
Sustainovation
0800 678 5929
7 Racecourse Road,
Derry,
Northern Ireland
BT48 7RB
Email: info@principlefirst.co.uk
Principle First Financial Services is a trading style of GMF Marketing Services Ltd. which is authorised and regulated by the Financial Services Authority. Principle First Financial Services is entered on the Financial Services Authority's register under reference number 409667.
Investments
- Ecclesiastical Amity International A Fund
- Henderson Industries of the Future A Fund
- Henderson Global Care Growth A Fund
- First State Investments Global Emerging Markets
- Our Investment Portfolios
- Investment Planner
- Baillie Gifford Emerging Markets
- Fidelity South East Asia Fund
- Cazenove European Fund
- M&G Recovery Fund
Loans
Financial Planning
Mortgages
Savings
Pensions
Annuities
Personal Insurance
Sustainovation
PAST PERFORMANCE IS NOT A GUIDE TO FUTURE RETURNS & INVESTMENT RETURNS MAY FALL AS WELL AS RISE - Risk Profile must be clarified before proceeding with any investment advice. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. We offer the option to pay for mortgage advice by way of a fee. This may vary depending on circumstances but is typically £500, contact us to discuss your remortgage and mortgage options with one of our mortgage brokers.