Hargreaves Lansdown

UK - The Labour Party could extend its restriction on higher rate pensions tax relief to include people earning more than £100,000 (US$153,140), Gordon Brown suggested last night.

Peter Hargreaves, the chief executive and co-founder of Hargreaves Lansdown, is to step down in the autumn.

Peter Hargreaves' wealth has more than doubled over the past year by £260m to reach £570m.

The Confederation for British Industry's claim that NEST will be deserted by workers fleeing the 2% charge is "absolute rubbish", Tom McPhail says.

Courtaulds has been awarded the National Association of Pension Funds' pension quality mark for its defined contribution group personal pension scheme.

After a slow start, the corporate wrap has finally taken off in the UK. In light of this progress, the panelists discuss the advantages of such a product for both employers and employees.

The industry has lambasted proposals to restrict higher-rate tax relief for those earning more than £130,000.

Yesterday (March 3), the government closed its consultation on plans to restrict higher-rate tax relief on pension contributions from April 2011.

Anti-forestalling regulations are driving high-earning employees in certain sectors to work abroad because they are no longer willing to work in a "tax hostile" environment, a provider says.

The basic pension contribution allowance could be the next target in the Government's plans to cut pension relief, according to Tom McPhail.