Client Newsletter

Helping you preserve your inheritance

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The number of people expected to be caught in the inheritance tax net is set to rise by around a third this year, according to recent predictions from the treasury. The reason for this increase is being blamed on the continued trend in rising house prices and the recovery of the UK’s economy which is […]

Press Room

Retirees seeking blended’ solution, survey finds

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Almost three-quarters of advisers (72 per cent) say that clients have started to request pension products offering a guaranteed income and future flexibility since the 2014 Budget, with many considering a combination of retirement income products. The findings of a survey by financial products provider LV=, published on 25 July, suggest that people planning for […]

Press Room

£530m ‘set to be wasted in inheritance tax’

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Up to £530 million is set to be wasted in inheritance tax (IHT) this year by individuals not placing life protection policies under trust, according to new research. The website unbiased.co.uk, which enables consumers to find independent professional advisers, revealed on 21 July that total IHT wasted in 2014 was set to rise by £58 […]

Press Room

Early release pension victims warn of pitfalls

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Victims of pension scams have told of the devastating impact of losing thousands of pounds in retirement savings as part of a campaign designed to prevent more people being tempted into accessing their pension savings early. Pensions industry organisations including the Department for Work and Pensions, the Pensions Regulator, the Pensions Advisory Service, the Financial […]

Business News

Zero hours contracts and exclusivity clauses

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Zero hours contracts are those where the employer does not guarantee to provide the worker with any work and pays the worker only for work actually carried out. The Government estimates that some 125,000 employees are on such contracts. Some employers argue that they are an important tool to enable a business to maintain flexibility […]

Business News

PAYE messages for employers

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HMRC will shortly start alerting employers where their records show that they have failed to make their PAYE or Construction Industry Scheme payments in full by their due date. HMRC review the payments after each monthly (or quarterly) payment deadline has passed. Shortly after that, HMRC will issue a late payment Generic Notification Service (GNS) […]

Business News

Extension to flexible working rights

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The right to request flexible working has been extended to all employees with at least 26 weeks’ service from 30th June 2014. Before this change in the law, only employees with children aged 16 or under (17 or under if the child is disabled) or those acting as carers had the right to request flexible […]

Business News

NMW consultation

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The Low Pay Commission (LPC) has launched a National Minimum Wage (NMW) consultation which runs until 26 September 2014. The LPC would like to hear from individuals and organisations affected by the NMW, including employers of low-paid workers including those involved in sectors such as retail, hospitality, social care, cleaning and hairdressing and focuses on […]

Business News

Holiday pay law

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The CBI are warning that employers are facing the risk of significant additional costs, potentially ‘billions of pounds’, from employment tribunals challenging the normal calculation of holiday pay under the Working Time Regulations (WTR). In the UK holiday pay is currently calculated on the basis of a ‘week’s pay’ which is based on basic salary […]