Accidental breaches of lifetime allowance fixed protections could no longer result in onerous tax bills after HM Revenue and Customs (HMRC) dropped its appeal of a landmark case.
The tax office has confirmed it will not seek a re-run of the case where the Upper Tribunal ruled Gary Hymanson had mistakenly breached his £1.8m lifetime allowance fixed protection after failing to cancel...
Jonathan Stapleton talks to Alan Pickering about why BESTrustees has converted into an employee ownership trust.
Trustees don't usually think about financial sanctions. But Edward Brown says they should be aware of the issue and take steps to minimise risks.
The industry-wide GMP equalisation group has created five sub-committees to each work on a key component of the guidance. Holly Roach reports
BESTrustees has converted into an employee ownership trust (EOT) in a bid to broaden the ownership of the business.