UK - Central Financial Planning has launched a new pension scheme which allows directors to invest in residential property ahead of next year's tax changes.
CFP says its Self-Invested Benefit Arrangement will enable directors to receive normal pension tax relief on their contributions.
Director Ian Smith said the new scheme meant clients would not have to wait until proposed tax changes on residential property investment in 2005.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.