Pensions – Tax Treatment on Death
Alongside the changes from April 2015 to the access of pension funds, significant changes were made to the tax treatment of pension funds on death. This factsheet summarises the rules …read more
Pensions – Tax Reliefs
Types of pension schemes
There are two broad types of pension schemes from which an individual may eventually be in receipt of a pension:
Workplace pension schemes
Personal Pension …
Pensions – Automatic Enrolment
What is automatic enrolment?
Automatic enrolment places duties on employers to automatically enrol ‘workers’ into a work based pension scheme. The main duties are:
assess the types of workers …read more
Venture Capital Trusts
Venture Capital Trusts (VCTs) are complementary to the Enterprise Investment Scheme (EIS), in that both are designed to encourage private individuals to invest in smaller high-risk unquoted trading companies affected …read more
Occupational Pension Schemes “Trustees” Responsibilities
Many employers offer their staff an opportunity to save for their retirement through an occupational (or company) pension scheme.
Those employees who join the scheme need to have confidence that …