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Government Announcements

Spotlight - Government Announcements

New state pension – will you qualify?

Do you qualify for the new state pension? The government has agreed to write to those who do not have enough years of national insurance contributions to qualify for the new system.

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FCA announces early exit charge cap proposal

The Financial Conduct Authority is consulting on a 1% cap on early exit charges for accessing contract-based pensions.

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Queen’s Speech 2016: Key legislation

The Queen has announced the government legislation for the year ahead at the state opening of parliament.

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Increased demand for new state pension statements

There is an increase in demand for new state pension statements, with 40% more people accessing their statements in the last 6 months.

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Pensions tracing website launched

Looking to trace your hard-earned savings? The Pension Tracing Service has launched a new website to assist people in finding their lost pension savings.

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Register of persons with significant control requirement introduced

As of 6 April 2016, all companies and limited liability partnerships must now keep a register of persons with significant control.

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‘Granny flat’ exempt from SDLT surcharge

Annexes for an older relative will be exempt from the new stamp duty land tax rates which came into force on 1 April 2016.

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Stamp duty changes come into effect

New stamp duty rates for people investing in buy-to-let property and second homes came into force on 1 April 2016.

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Starter home plan announced

Housing sites of 10 homes or more will need to make 1 house in 5 a starter home under new plans published by the government.

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