by admin | Nov 14, 2013 | Latest News
Fall in number of private sector workers covered by final salary pensions It has dropped from more than five million in 1995 to just 1.7million now The move could salvage schemes by making them affordable for bosses Widows could lose their historic right to a...
by admin | Jul 10, 2013 | Latest News
Taxation of foreign superannuation Fact sheet Why are changes being made? The current rules for taxing New Zealand tax-residents on their interests in foreign superannuation schemes are complex. Tax may be imposed under a number of different regimes, including the...
by admin | Jul 10, 2013 | Latest News
OPINION: It hardly comes as a surprise to learn that there are parts of the tax rules that are more complicated than they should be. One of those areas deals with how foreign superannuation schemes are taxed. Included in the usual flurry of post-Budget activity this...
by admin | Jul 10, 2013 | Latest News
Pension Protection Fund, the government-sponsored pensions lifeboat scheme, takes over responsibility for partially honouring pension promises The retirement savings of 7,000 past and present mineworkers at UK Coal, Britain’s largest coal mining business, took a...
by admin | Jul 10, 2013 | Latest News
Britain’s company pensions, once the envy of the world, are now mediocre, and attempts to find a happy medium will fail. Imagine you are talking to your boss about your benefits package for the following year. You’ve agreed on a pay rise and now you turn...
by admin | Jul 10, 2013 | Latest News
CITIGROUP has shifted responsibility for paying the pensions of 20,000 past and present staff of EMI Group to Pension Insurance Corporation (PIC) in a landmark deal relieving the bank of up to £1.5bn of liabilities. The bank, which employs 1,200 people in Belfast, is...
