UK Finance News

Over a third of UK employers now offer Flexible Benefits packages as part of their
total reward package.
Flex schemes allow employees to select their own benefits, usually from a benefit allowance, dependent on their grade and salary. Schemes can offer a wide range of benefits – some with tax and NIC advantages such as childcare vouchers, pension [...]

[Read more →]

An on-line Annuity Service is being launched later in April as part of the Pension Advisory Service’s guide to retirement options.
Currently only a third of pension scheme members shop around – with their legal right to an Open Market Option [OMO] – to find the best annuity rate.
The tool will guide investors through their options using FSA [...]

[Read more →]

When you are panicking about your pension, here is something else you need to worry about before 5th April – making sure you get the maximum tax-relief in advance of the basic rate of income tax dropping to 20%.
If you’re planning to drop in a lump sum or just fill out your Stakeholder with its [...]

[Read more →]

Their heroic bravery has never been in doubt; the Gurkhas have fought across the globe in conflicts past and present – as part of the British Army.
Ironic then that these Nepalese stalwarts have had to seek a judicial review over the fair
treatment of their army pensions – especially when they thought they had already won [...]

[Read more →]

As central banks and regulators make all efforts to curb the immediate impacts of seismic
revaluations of equities, currencies and commodities, let alone restore market confidence, spare a thought for the pensions scheme trustees.
In recent times many have been able to redress deficits or at least been able to see light
at the end of the tunnel [...]

[Read more →]