Articles
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5 days ago |
telegraph.co.uk | Rob White
It has prompted retirees to take radical decisions, including splurging and giving money away, to beat the tax trap. Jason Hollands, of Evelyn Partners, said: "Pensions have been subject to endless meddling by both Labour and Conservative governments since the mid-2000s, with this change in tax treatment on death being the latest example. The net effect of this relentless change is that many people feel they are playing a game where the goal posts keep shifting.
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1 week ago |
telegraph.co.uk | Rob White
The move could have saved some councils millions of pounds a year, but Mr Ralfe said Donald Trump's global tariffs and the ensuing market chaos may now have ended their chances. He said: "The Local Government Pension Scheme has around £400bn in assets, three quarters of which are in equities. These are subject to market volatility, but strong recent performance meant many funds were heading for a very promising surplus this year.
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1 week ago |
msn.com | Rob White
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 week ago |
msn.com | Rob White
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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1 week ago |
telegraph.co.uk | Rob White
Options for using the cash include paying more to shareholders, increasing spending on their business or making investments elsewhere. Any money taken out by a company will attract a 25pc tax charge - potentially offering a considerable boost to the Treasury's coffers. Approximately 8.8 million people are currently members of defined benefit schemes - and £160bn could be available to draw down, according to consultants Hymans Robertson.
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