Pensions Archives - Moore Stephens Financial Services

Using pension freedoms could mean a £4,000 maximum annual pension contribution limit

Posted by | Budget, News, Pensions, Politics, Tax | No Comments

The Autumn Statement passed relatively benignly and only time will tell whether our new Chancellor has saved his best for the March 2017 Budget. Certainly the one area of pensions reform which all professionals seem agreed on, the possible abolition of the pensions Lifetime Allowance, was notable for its absence or indeed any reference to pension contribution limit changes, bar one which has seemingly snuck under the radar. The Chancellor…

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Auto-enrolment is yesterday’s news – now its Re-enrolment that you need to worry about

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  Employers in the UK started to automatically enrol their employees into workplace pensions in 2012 when they reached their staging dates, however, the employers affected at that time were mostly blue chip UK names such as Tesco who employee 476,000 people. Our clients started to reach their staging dates in early 2014 and so they have been running workplace pensions for approaching three years. The three year mark is…

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Pensions Tax relief – What is Philip Hammond’s policy?

Posted by | Budget, Pensions, Politics, Tax | No Comments

The Autumn Statement will be upon us again in November and it seems like we will be dusting off the same potential threats to tax relief on pensions as we have fretted about for the past couple of years. The Government have pulled back from acting upon the rumours at the last minute in recent years, but this time it might just be different. This will be Philip Hammond’s first…

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