Pension tax and share schemes to be simplified

The Office of Tax Simplification (OTS) has announced that it is next to direct its attention to pensioners’ tax and share schemes.

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New compulsory pension plans will harm small firms

Plans to introduce auto-enrolment pension schemes in 2012 will hamper the ability of smaller employers to run their businesses, it has been claimed.

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Pension savings remain inadequate

Almost a half of people are not setting sufficient sums aside for their retirements.

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Squeeze on retirement incomes jeopardises inheritances

Increasing numbers of people who are about to retire doubt whether they will be in a position to leave a legacy to their families.

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A quarter of employers looking to freeze pay

One in four employers are planning to offer no wage rises this year, a new study has revealed. Others have changes to their pension arrangements in the pipeline.

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Inflation hike puts further pressures on savers

The latest rise in inflation means that ever more savers will be struggling to retrieve a return on their money.

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Bank card fraud tops worry list

Concerns over banking fraud and identity theft head the list of major security anxieties of Britons.

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Drop tax-free limit on workplace financial advice

The Government should look at lifting the £150 tax-free limit on independent financial advice paid for by employers.

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Drop ISAs, argues think-tank

One of the most popular savings accounts of recent years should be scrapped, a leading think-tank has said.

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