Investors hoping to take advantage of the opportunity to put halls of residence into their self-invested personal pension will have to meet a strict set of criteria.
HM Revenue and Customs will be issuing updated guidance for local tax inspectors on the rules regarding employer contributions to pensions over the next few weeks.
HM Revenue and Customs have published an updated version of the Registered Pension Scheme Manual.
Being relatively new to the pensions game, I have to admit I was expecting summer to be nice and relaxing, as with parliament in recess I thought news emerging would be limited.
Some life offices are attempting to provide clients with a way of 'having their cake and eating it' when it comes to taking tax-free cash.
Increases in the number of people affected by inheritance tax means people should not wait until they are retired to start estate planning.
A misunderstanding of the way tax free cash can be taken from a pension could cost customers a tax charge of up to 70%.
HM Revenue and Customs has confirmed people can split pension transfers and still keep enhanced protection.
HM Revenue and Customs have issued revised rules on stand-alone pension lump sums in an effort to ‘plug various loopholes'.
WEALTH MANAGEMENT FIRM, St James's Place has beaten City forecasts with a 52% increase in first-half operating profits, reports The Daily Telegraph .