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Savings

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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