The Government has finally decided to make changes to Protected Rights by abolishing some forms of contracting out. This will aid and simplify the pensions system and offer important opportunities for pension holders. These significant changes come into effect from the new tax year in April for pensions built up on a defined contribution basis […]

The Government has finally decided to make changes to Protected Rights by abolishing some forms of contracting out. This will aid and simplify the pensions system and offer important opportunities for pension holders. These significant changes come into effect from the new tax year in April for pensions built up on a defined contribution basis […]

Those with significant pension assets should take action in advance of the changes in pension legislation coming into effect from 6 April 2012. Under existing rules, those with accumulated pension benefits in excess of the Lifetime Allowance (LTA) of £1.8 million currently face a potential tax charge of up to 55%. Changes announced in last […]