Pension Tax Boost Safe For Now, Promises Minister

The latest speech from Secretary of State for Work and Pensions David Gauke has confirmed he is unlikely to sanction any moves to cut pension contribution tax relief any time soon. Speaking at an industry conference, he told delegates that he will not shy away from making changes, but is keen not to alter the current tax relief … [Read more...]

Diamond Spending Spree Adds Sparkle To US Sales

Diamond sales have added the sparkle to the profits of gemstone trader De Beers as the business soared to a record turnover. Single women in their 30s – millennials born between 1980 and 2000 -  are driving the boom in sales in America, the world's largest diamond market. Although traditional diamond jewellery sales for weddings and other … [Read more...]

HMRC Wants To Cut Red-Tape For Investment Tax Breaks

Investors may find staking money into start-up and early stage businesses easier as the government looks at streamlining granting permission for companies to join tax incentive schemes. HM Revenue and Customs (HMRC) is overwhelmed by floods of applications to raise funding, which have tripled in the past four years. Entrepreneurs must have HMRC … [Read more...]

Three Magic Words That Give Away A Pension Scam

Consumer watchdogs have a list of three magic terms that reveal a pension liberation scam. After analysing sales techniques and complaints about pension liberation scams, the watchdog has discovered that most fraudsters try to entice their victims with the three terms. Pension Life runs a service that offers kite marks to identify good … [Read more...]