Q. I caught the end of a radio segment recently that seemed to be stating that the rise in the state pension age was being brought forward. Is the correct and, if so, can you elaborate please? A. Certainly. It has been known for some time that the state pension age will rise to 66 in 2020… Read more »
Q. I have established a number of trusts so that, in the event of my death in service, my life assurance and pension savings are paid into those trusts for the benefit of my children and grandchildren (so as to enable those beneficiaries to avoid a significant inheritance tax liability in respect of those benefits). However,… Read more »
Q. I am the HR Manager of a medium-sized local business. I have been tasked (together with my Finance Director) with ensuring my company’s compliance with the new obligations to auto-enrol staff into a workplace pension. Whilst we had been quite relaxed about introducing such a pension scheme and making the obligatory contributions to our… Read more »
Q. I am a Higher Rate taxpayer and, as such, my marginal rate is 40%. I am a member of my employer’s group personal pension scheme and contribute to the scheme via my employer’s payroll. I had understood that I received tax relief on my contributions, but a colleague has told me that I can… Read more »