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Pensions
April 2017
Royal Mail to close DB pension scheme
Pensions
April 2017
Royal Mail will close its defined benefit (DB) pension scheme next year after consulting with members about its future. The scheme has 90,000 members and is currently in surplus, according to the BBC. However, Royal Mail said the scheme’s… Read full article
Markets
April 2017
Markets: US stocks decline amid geopolitical tensions
Markets
April 2017
Wall Street finished lower on Tuesday but well off the day’s lows, as worries about geopolitical risks lured investors out of risky assets like stocks and into the perceived safety of Treasurys, gold and the Japanese yen. The Dow… Read full article
Tax
April 2017
HMRC software struggles with ‘insanely complicated’ divi rules
Tax
April 2017
Thousands of people are at risk of paying too much tax next year because computer software is struggling to keep up with ‘horrendously complicated’ changes to the taxation of dividends. Experts have said people could end up paying hundreds… Read full article
Pensions
April 2017
Pensions minister: lifetime allowance is more than enough to retire on
Pensions
April 2017
The £1 million lifetime allowance (LTA) allows people to save four times what they need to reach an average retirement income, according to pensions minister Richard Harrington. Since 2011 the LTA has fallen from £1.8 million to its current level… Read full article
General
March 2017
Housing market stagnating, say surveyors
General
March 2017
Property surveyors are getting gloomier about the state of the housing market, according to the Royal Institution of Chartered Surveyors (Rics). Its latest monthly survey shows that stock levels are at a new record low. The number of people… Read full article