A new variation of life cover is available for certain, eligible individuals. ‘Relevant Life’ is a tax efficient arrangement which, if satisfying certain conditions, benefits from a tax favoured treatment of premiums and benefits. These premiums to a qualifying policy will be tax deductible for the Employer and will not be assessable on the employee […]

With a continual stream of negativity surrounding pensions, and recent legislation only limiting what a government clearly sees as already generous tax-relief concessions, many pension holders would be forgiven for missing several positive changes that will allow those aged over 55 to gain more control and flexibility over when and how they use their retirement savings. First […]

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 […]