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Author profile

Rachel Dalton

Articles by Rachel Dalton

uncategorised

HMRC consults on tougher QROPS rules

Her Majesty's Revenue and Customs (HMRC) has proposed a new set of rules to cut down on the abuse of qualifying recognised overseas pension schemes (QROPS).

clock 08 December 2011 •

uncategorised

Advisers fear erosion of trust as govt delays pension reform

Delays to pension reform will heighten rather than ease firms' anxiety about being ready for auto-enrolment, advisers claim.

clock 08 December 2011 •

Long Term Care

Saga paid out £156k for mis-sold LTC funds

Saga paid 12 people £13,000 each in compensation after one of its advisers mis-sold them funds within long term care (LTC) plans.

clock 07 December 2011 •

Regulation

Hector Sants to meet Occupy London protesters

Hector Sants, chief executive of the Financial Services Authority (FSA), will meet with Occupy London protesters in a private session on Wednesday.

clock 07 December 2011 •

Your profession

Govt may force top bankers to reveal bonuses

The Treasury wants to force the highest paid staff at 15 of the UK's largest banks to publicly disclose their pay.

clock 06 December 2011 •

TCF

Personal pension rules could spark 'granny farming'

Changes to rules around withdrawing small pension pots as lump sums could lead to large scale abuse of the system, Hargreaves Lansdown has warned.

clock 06 December 2011 •

uncategorised

Govt extends trivial commutation to personal pensions

The Treasury is set to allow pensioners to withdraw small personal pensions as cash.

clock 06 December 2011 •

Your profession

Govt to cement MAS as national debt adviser

The government has proposed to include the provision and coordination of debt advice as one of the official statutory duties of the Money Advice Service (MAS).

clock 06 December 2011 •

uncategorised

Tax relief on pension mis-selling payouts avoids Treasury axe

The Treasury will not axe tax relief on compensation for certain previous pension mis-selling cases as previously planned.

clock 06 December 2011 •

Tax Planning

Treasury delays reform on statutory residency

The Treasury has delayed reform to the statutory residence test while it assesses the wide variety of views it has received from the industry.

clock 06 December 2011 •
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