Savings

Higher fees for new workers’ pension scheme

The government’s plans to establish a workplace pension scheme for lower paid employees have been criticised after it was revealed that people who join initially will have to pay a 2 per cent contribution fee.

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Savings rates continue to dip

Returns on savings accounts have shown a significant decline over the past few months.

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Pension schemes see fall in deficits

The shortfall in the funds held by the UK’s final salary pension schemes has declined significantly.

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HMRC warns of date for making extra NI shortfall payments

HM Revenue and Customs (HMRC) has reminded some people that, if they wish to take advantage of the chance to top up more than six years of their NICs, they need to act quickly.

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New business regulations come into effect this April

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October.

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Pension tax changes criticised for their inefficiency

Plans by the government to raise taxes on the pension contributions of high-income individuals has been described as inefficient.

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The retired facing 'complex' tax regime

The tax system for people in retirement has been described as being too complex, and, as a result, too many older people overpay their taxes.

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ISAs attract women and young savers

More women and young people have been turning to Individual Savings Accounts (ISAs) since their introduction, new research suggests.

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