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Learning Index

Pension transfers from defined benefit to defined contribution

12 September 2019
Updated September 2019 Defined benefit pension transfer advice continues to be a key area of focus for the FCA, government and indeed consumer media.

Technical news update 27/08/2019

27 August 2019
Update from 7 August to 21 August 2019.

Does HMRC’s lack of Appeal in the Hymanson case provide any relief for other taxpayers?

02 July 2019
Hymanson V HMRC was a First-tier Tribunal (FTT) case concerning the loss of Mr Hymanson’s £1.8m lifetime allowance fixed protection after fa ...

The principle private residence and relief from capital gains tax

02 July 2019
Examples of reliefs in capital gains tax (CGT).

Pension scheme newsletter 105

11 December 2018
The newsletter in November 2018 raised an important issue that may be simple for those that work in the pensions profession by is complex an ...

Premium limitation on qualifying life policies and restricted relief qualifying policies – part 3 »
In the first article in this series we explained that, in broad terms, the main changes to the extent in which a person could benefit from personal freedom from income tax under the qualifying policy rules are as follows:
Guaranteed minimum pensions (GMP) issues again »
Guaranteed minimum pensions accrued between 6 April 1978 and 5 April 1997 but the way in which the benefits were structured, accrued and paid has been a burden to all defined benefit contracted out schemes since 1990. The issue stems from a judgement often called the Barber Judgement. In this ruling the Court of Justice of the European Union on 17 May 1990 ruled that pension benefits should be equal but GMP benefits we left to flounder as there was no clear direction as to how this should be achieved. GMP benefits are provided to employees who were contracted out of the state earnings-related pension scheme (SERPS) and payable at 60 for women and 65 for men.
Premium limitation on qualifying life policies and restricted relief qualifying policies - part 2 »
This series of articles has been prompted by an increase in the number of questions we have recently received relating to the £3,600 annual premium limit imposed on certain qualifying life assurance policies from 6 April 2013.  
Premium limitation on qualifying life policies and restricted relief qualifying policies - part 1 »
We briefly examine the qualifying policy rules and the benefits of qualification.
Making hay while the sun shines »
On 23 August, the main US equity market - the S&P 500 – entered its longest bull market ever. And the way that global investors are talking about that run should feel pretty familiar to the population of the UK on the back of one of the best summers in living memory. 
Advised pension income drawdown »
This good practice guide recognises that advice firms want to do the right thing by their clients, but sometimes struggle to identify good practice.
Inheriting the State Pension »
On 6 April 2016 we saw the move to the new flat rate state pension, which meant significant changes for those reaching state pension age. Some people would need to make up contributions to 35 years where they previously thought 30 would be enough and some will not receive anything because they have less than 10 years credits.  
Personal tax changes effective from 6 April 2018 »
A reminder of some of the less publicised changes to personal taxation, effective from 6 April 2018, which may impact on the clients of financial advisers.
Social impact investing »
"“Social impact investing has the power to make a positive change in society, while also bringing positive financial returns. It’s a win-win, which is why demand is growing. The market has enormous potential, but we need to make it easier for people to make a social impact investment"Stephen Barclay, former Economic Secretary to the Treasury
Power – A guide to financial planning »
As we know the financial advice/planning landscape is changing at a dramatic pace; retirement planning is now as much about post-retirement as it is pre-retirement. Demographic change is forcing a greater focus on advice for later life and the Millennials are demanding greater digital interaction as their financial needs become more sophisticated.
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