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....
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.