Independent Trustee Company’s Post

Update: Government urged to act following Virgin Media pension case ruling In light of the recent developments surrounding the Virgin Media case, there is growing pressure for government intervention, a move that could significantly impact the defined benefit (DB) pension sector. Read more in the article below 👇 https://lnkd.in/e_VNTsAV #pensions #pensionaudit #accountants

The next budget might make you poorer in retirement 🤬 The Treasury has contacted investment firms and asked about the potential impact of employers’ National Insurance being made payable on pension contributions 🤯 We don’t know what the Government are going to do and can’t predict the future, but… 🔮 If you’ve got a little money in your company bank account, why not maximise its value now rather than having to pay N.I. on it 📈 The budget is on the 30th! 😈 #retirement #invaluableadvice #pensions #treasury #navigationwealthmanagement

Several changes to the pensions landscape are expected in the coming years, as the drive to increase understanding and the amount being saved into #pensions continues. In this article, Ranjit Shoker, senior manager – pension at KPMG, details how to navigate the complexities of #autoenrolment: https://lnkd.in/e4nZjd9F

A big thank you to Callum M. at The i Paper for covering today's discussion paper from The Society of Pension Professionals about the Lifetime Provider Model. Thanks also to all those involved in putting this paper together, including Jasmine Smiley, Faye Jarvis, Martin Willis and Steve Hitchiner. Read the i article here: https://lnkd.in/enZK-3wM Read the "Just One Pension?" paper here: https://lnkd.in/eHQavNRC #spp #pension #pensions #retirement #retirementplanning #policy #publicpolicy

After the deep speculation about proposed pension reforms prior to the Autumn Budget, we have pulled together a general overview of the decisions that Rt Hon Rachel Reeves and her team have made on pensions. Many of our clients are company directors and owners, who were concerned about the pre-budget media coverage, the impact of the announcements and the course of action that may now be required.  Have a read through our observations and guidance and please reach out if you would like to discuss the reforms further https://bit.ly/4i2RU65. #Pensions #RetirementPlanning #InheritanceTax #AutumnBudget

State employees to get 50% of last salary and DA as pension https://lnkd.in/dQx532Sy Download Economic Times App to stay updated with Business News - https://lnkd.in/eK4XZsX #pensions #pensionschemes #pensionplans

People Management magazine's latest article reviews the suggested approach from the UK Government to raising the minimum pension contribution for employers. On the positive side, it would enhance employees' retirement savings, provide greater financial security, and potentially reduce reliance on state pensions. I did voice my concerns about the additional burden on small and medium-sized businesses, which could lead to additional cost-cutting measures. I would be interested to know what you think too? #pensions #peoplemanagement #lodgecourt #ukgovernment

🔊 Read the insights, provided by David Piltz, CEO for Gallagher’s UK Benefits & HR Consulting division, in Financial Reporter off the back of this afternoon's Spring Budget 2024. #springbudget2024 #retirement #pensions #budget2024

Here's a reminder that with modern career patterns involving job changes and mobility, it's essential to keep track of your pension plan when transitioning between employers. This ensures that no benefits are lost or overlooked during career shifts. #careershift #pensions #retirementplanning https://lnkd.in/d3EyFN6w

📊 Stay in the loop with this week’s "Pensions and Policy Pulse" from TEXPERS! Key market movers, pension trends, and industry insights all in one place. Don't miss out! 👉 https://zurl.co/STQU #Pensions #MarketInsights #TEXPERS