Tags: Contributions

Earn over £50,500? Then pay ‘wealth tax’

Anyone earning over £50,500 would be considered fair game for a ‘wealth tax’, the Deputy Prime Minister Nick Clegg has said, which would probably take the form of reduced tax relief on pensions or changes to capital gains tax and stamp duty. And he reckoned his Conservative coalition partners would agree to the idea. The…

Figures reveal huge increase in pension contributions

New figures released by the Department for Work and Pensions (DWP) suggest that more than half a million people will be putting money into a workplace pension fund by Christmas this year and that the auto-enrolment scheme to be introduced from October will increase the number of people paying a percentage of their wages into…

Pension reforms “on the right track”

Strategic Society Centre and ISER research investigates the key drivers of pension saving among employees in Great Britain in a major study – – Findings come from most comprehensive study into drivers of pension saving ever undertaken and include detailed analysis of savings choices made by 25,000 UK workers – · Employer contributions reign supreme…