Wage increases are likely to fall below Bank of England forecasts
Nicholas Price of Kibworth Tax Associates and Natelie Smith of Mulbury Hamilton explain why employee benefit trusts still have a role to play in incentivising employees.
An amendment to the Financial Services Bill proposed by two Labour peers could open up the possibility of financial advisers not having to be regulated if they do not charge for their services.
The Financial Services Authority (FSA) has expressed concerns about provider preparedness for changes set to be introduced following the Retail Distribution Review (RDR).
The Financial Services Consumer Panel (FSCP) has urged the Money Advice Service (MAS) to expand its offerings and ‘push regulatory boundaries' in order to help to close the advice gap.
The Financial Ombudsman Service (FOS) looks set to hold its ground on plans to include the names of businesses involved when it starts publishing final decisions.
The chairman of the Financial Services Authority (FSA) has suggested Parliament will have to give the Financial Conduct Authority (FCA), one of its successor bodies, even greater powers to protect consumers.
HMRC has offered employers who use employee benefit trusts (EBTs) the chance to settle upcoming tax liabilities with no further questions before the trusts become illegal.