High-earners facing a triple tax on their pension savings should consider using an employer financed retirements benefit scheme to save money, Barnett Waddingham says
The consultant said changes to the Finance Act 2009 meant high earners - including anyone whose salary exceeds £150,000 per year - were likely to be the subject of larger tax bills from 2010 and 2011....
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.