Tucked away in this year’s Budget was quite an important change in relation to the taxation of life insurance bonds, writes Neil MacGillivray, which could spell good news for many…
The amendment to the legislation was driven by the decision in the recent First‑Tier Tribunal case of Marina Silver v The Commission for HMRC (2019) UKFTT 0263 (TC), and transforms how top-slicing relief...
Transfer did not proceed
Martin Lines outlines key issues
Fit and proper deadline
An IT or regulatory challenge?
Entered administration in February
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
40% increase year-on-year
The amount of equity withdrawn from homes has rebounded after a slump during the coronavirus lockdown but remains slightly down year-on-year.