Chancellor Rishi Sunak surprised many in his Budget by raising the threshold for National Insurance Contributions by nearly £1,000 from £8,632 to £9,500 although he left most income tax thresholds alone.
Read more ...Budget 2020: NI threshold up but income tax rates frozen
- Wednesday, 11 March 2020
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Budget 2020: Welcome for revamp of pension taper
- Wednesday, 11 March 2020
- Articles
Chancellor Rishi Sunak is to revamp the pension taper rules which have deterred some high earners in the NHS from working extra hours.
Read more ...Budget 2020: Entrepreneur’s Relief cut could boost pensions
- Wednesday, 11 March 2020
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Chancellor Rishi Sunak has reprieved Entrepreneur’s Relief but cut it from £10m to £1m.
Read more ...M&G set to cut 10% of jobs to boost sluggish profits
- Tuesday, 10 March 2020
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Fund manager M&G is to cut staff numbers by 10% following a fall in pre-tax profits from £1.62bn to £1.149bn.
Read more ...Sanlam expands Harrogate office with new appointments
- Tuesday, 10 March 2020
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Wealth manager and Financial Planner Sanlam UK has made two senior appointments at its Harrogate office and plans to expand the hub further.
Read more ...Standard Life Aberdeen reports 10% fall in profits
- Tuesday, 10 March 2020
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Standard Life Aberdeen reported adjusted pre-tax profit for 2019 of £584m, down 10% due mainly to lower revenues.
Read more ...Defaqto takeover spurs growth in SimplyBiz revenue
- Tuesday, 10 March 2020
- Articles
SimplyBiz, a provider of compliance and business services to financial advisers, has reported 2019 group revenue up by 24% to £62.8m following the “successful” acquisition of data and ratings provider Defaqto.
Read more ...FPSB aiming for 250,000 CFP holders by 2025
- Tuesday, 10 March 2020
- Articles
The Financial Planning Standards Board, the international Certified Financial Planner standards body, is aiming to have 250,000 CFP holders by 2025 - an increase of 62,000 over the next five years.
Read more ...Aon to buy rival Willis in £23bn deal
- Monday, 09 March 2020
- Articles
Two of the world’s biggest financial businesses are to combine with Aon buying rival Willis Towers Watson for £23bn.
Read more ...Women face retirement with 39% less than men
- Monday, 09 March 2020
- Articles
Women are facing retirement with pension pots up to 50% less than men in some UK regions and an average pension gap of 39%, according to a new study.
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