Pension

pensioners1

Pensioner tax breaks should be reviewed says think tank

Better-off pensioners should pay tax at a similar rate to younger people on comparative incomes, according to the Fabian Society.

22 Apr 2013

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Pension funding wiped out by increase in liabilities

An increase in liabilities across UK pensions has wiped out any improvements to funding levels in the last quarter

03 Apr 2013

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Dentons buys RSM Tenon’s personal pension book

RSM Tenon has sold its self-invested personal pension arm to Dentons Pension Management

27 Mar 2013

Fujitsu secures £800m pensions boost from parent company

Fujitsu UK frees up £75m pa after chunk of pension liabilities dealt with by Japanese parent company

25 Mar 2013

Budget 2013: Govt abandons smoothing plans

The Treasury will not be pursuing plans to smooth assets and liabilities of schemes to reduce deficits

21 Mar 2013

ECJ VAT pension issue to continue, say advisors

Following a European Court of Justice ruling, VAT will remain chargeable on fund management fees incurred by occupational pension funds

08 Mar 2013

DB schemes dealt £2bn blow as ECJ rules against funds in Wheels VAT case

The National Association of Pension Funds and Wheels Common Investment Fund have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit schemes.

08 Mar 2013

KPMG administrators see Peacocks pension deficit inflate 73%

KPMG administrators have seen Peacocks' pension scheme deficit increase by 73% as it undergoes assessment to enter the Pension Protection Fund

04 Mar 2013

Short-termism poisoning pension fund returns, MPs told

Fund managers' and pension funds’ pursuit of short-term investment is causing severely reduced returns panel of MPs hear

28 Feb 2013

Former tax boss takes the stand in £5m fraud trial

Former tax boss Andrew Meeson took the stand at Birmingham Crown Court to deny allegations he played a leading role in a £5m pensions tax relief fraud

01 Feb 2013

Ex-ATT president Meeson played ‘leading role’ in £5m pension fraud

Former ATT president Andrew Meeson played a leading role in a “blatant” £5m pension tax relief scam a court hears

11 Jan 2013

Politicians should leave pensions alone

Ed Balls' proposal to engage in another tax raid on pensions could cause more problems than it solves, writes George Bull

04 Jan 2013

To disclose or not to disclose may no longer be the question

Changes to how pension liabilities are represented in the balance that could keep FDs awake at night, claims David Davison

12 Dec 2012

AS2012: Chancellor cuts annual pension allowance to £40,000

Chancellor cuts annual allowance for pensions and reduces lifetime allowance to £1.25m to raise more tax revenue from the rich

06 Dec 2012

AS2012: Personal tax round-up

Income tax, the personal allowance and maximum pension contributions were all adjusted in the Autumn Statement

05 Dec 2012

Pickfords sold in pre-pack to offload pension liabilities

BDO administrators sell Pickfords to management to offload its defined benefit pension

05 Dec 2012

Osborne should leave pensions alone, say readers

Readers vote strongly against proposals to drop the pension threshold from £50,000

04 Dec 2012

Osborne told to keep hands off pension tax

NAPF warns against cutting the maximum amount of annual pension contribution that is exempt from tax

03 Dec 2012

Court of Appeal to scrutinise Lehman FSD

Lehman Brothers companies fighting to be excluded from Pension Regulator’s financial support direction

03 Dec 2012

Osborne may cut pension tax relief threshold

The maximum tax-free pension contribution could drop from £50,000 to £40,000

20 Nov 2012

Page 4 of 9

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Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

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iXBRL: Taking stock. Looking forward

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