June 2016 - Moore Stephens Financial Services

Workplace pensions – “my employees will just opt out”

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Despite that we are now approaching the final months for employers to introduce a workplace pension to meet the auto-enrolment legislation introduced in 2012, we continue to hear the refrain from some employers that they will do the minimum required to comply, as they are sure that their employees will all just opt out. Of course, the requirement is for employers to implement a suitable pension scheme to comply with…

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Football Team Commentary

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Pictured above is Eaton Socon under 7’s following their recent end of season presentations. The team, managed by MSFS’s Kieron Brace, enjoyed a successful first year in the Hunts Mini Soccer league, with some memorable games and performances from the whole team. Kieron commented, “Prior to the season starting some of the players had very little, if any, football experience and to see the development of the individuals and the…

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EU Referendum – All aboard the gravy train

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On June 23rd the EU referendum will be held and the British public will be asked to vote on whether the UK should remain in, or leave the European Union. From my discussions with clients over the last few months it has become clear that many are unsettled about the issue. Whilst there are some who strongly believe that we should leave and of course those who feel we should…

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Axa’s recent tobacco decision

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Axa’s recent decision to pull out of tobacco companies has been met with a raised eyebrow by many in the investment industry. Whilst tobacco companies continue to form a large part of many UK equity funds, with investment luminaries such as Neil Woodford consistently holding them for their stability and reliable income stream, AXA has stated its decision is based on investment grounds as well as ethical considerations. According to…

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