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National Living Wage

From 1st April 2016 the introduction of the National Living Wage of £7.20 per hour will mean that workers in the UK aged over 25 earning the National Minimum Wage will see a 50p per hour increase. The current £6.70 per hour National Minimum Wage rate applies to those aged 21 and over. More than... Read more

Latest figures on long-term impact of new State Pension

According to new figures released today, the introduction of the new State Pension in April will make millions of people better off. The data shows the long-term impact of the new State Pension on people’s pensions, with 75% of people set to gain in the first 15 years. The move to the new system... Read more

Secondary Annuities - Government Guidelines

Economic Secretary to the Treasury Harriett Baldwin, recently announced that more than five million people will be able to sell their annuity from 6th April 2017. In the government’s response to the recent consultation into the introduction of a secondary annuity market published today, the... Read more

Changes to Auto-enrolment Minimum Contribution Increase Dates

In the Autumn Statement the Government announced plans to adjust, by about 6 months, the date on which the auto enrolment minimum pension contribution levels will increase. Phase 2 will now start on 6th April 2018 (instead of 1st October 2017) and phase 3 will start on 6th April 2019 (instead... Read more

Dividend Taxation from April 2016

For dividend distributions made on or after 6th April 2016 the Dividend Tax Credit will be replaced by a new Dividend Allowance in the form of a 0% tax rate on the first £5,000 of dividend income per tax year. UK residents will pay tax on any dividends received over the £5,000 allowance at... Read more

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We are a charity that was looking to provide a pension. They were extremely helpful with this and has continued to monitor and provide assistance. We have recently changed provider of pension, a very smooth transition with their help. We are currently looking at auto enrolment.

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