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Category Archives: accountants
A great report on tax injustice from the ABI at prayer.
It’s a good and timely report and its analysis of inequality is excellent. But it is only addressing a quarter of the Government’s incentives bill and the solution it models is a lot more painful to the mass-affluent than the report implies Continue reading
Posted in accountants, actuaries, age wage, pensions
Tagged ABI, pensions, PPI, Tax, tax relief
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The other way to value DB schemes- Clacher and Keating.
DB scheme value Valuation – the long way round Our blog (May 28th) calling for a bonfire of pension regulation led to a surprising amount of interest and a wide range of questions and even some requests for expansion … Continue reading
Posted in accountants, actuaries, advice gap, de-risking, pensions
Tagged Car, Con Keating, Contractual accrual rate, DB, defined benefit, Iain Clacher, valuation
5 Comments
Payroll into battle!
April 20th 2020 will live long in the memories of payroll. The Furlough has begun! Here is Barry Matthews – payroll enthusiast and BDD of PayCircle and his call to arms! Monday morning 20th April 2020, payroll teams across … Continue reading
Posted in accountants, leadership, Payroll, pensions, risk
Tagged #payrollbureaus, #youcandothis, auto enrolment, Furlough, Payroll, payrollservices, pensions, reward
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The state of USS is the state of us.
In normal times, USS reporting itself to the Pensions Regulator for being under-funded would be considered a major news story. But what Jo Cumbo reported as happening yesterday is not headline news, it is a sideshow to what is being … Continue reading
Posted in accountants, actuaries, advice gap, age wage, pensions
Tagged Bill Galvin, jo cumbo, pensions, state of us, USS
3 Comments
Time to stop dissing Robo-Advice?
In a brilliant article , which you may be quick enough to access via this link, the FT’s Damian Fantano explores what is going on with robo-advice – or what robo-advisers like to call “putting the AI into financial advice”. … Continue reading
Posted in accountants, age wage, pensions
Tagged AgeWage, Eva, J Alfred Prufrock, Pension Bee, pensions, TS Eliot, Wealth Wizards
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An inflation-busting “pay-rise” for low earners – but “who pays?”
The Government’s announced that for pay periods starting on or after 1st April 2020 the National Living Wage (NLW) will increase by 6.2% – four times the rate of inflation. The NLW (for over 25 year olds) will increase from … Continue reading
Posted in accountants, age wage, pensions
Tagged National Insurance, NMW, NWL, Pay, Payroll, pensions, Tax
5 Comments
“Scrap the taper?” Hopes dashed.
Hopes now dashed for an update on the tapered annual allowance review, which was anticipated in the Budget. https://t.co/53xfAqdosT — Josephine Cumbo (@JosephineCumbo) October 24, 2019 Sky and BBC agree Govt cancels the Budget —— Treasury source says: “Parliament has … Continue reading
Why I’m on FIRE! (saved enough to stop work)
I’m 57 and I can choose to go to work or not – I’ve got enough and I keep on working because I love it, not because I have to. I got here through luck (being in … Continue reading
Posted in accountants, advice gap, age wage, pensions
Tagged AgeWage, Fire, I'm on fire, ICAEW, music, pensions
1 Comment
Pensions aren’t perks – they’re pay!
We are close to the AGM season for big companies, who’s executive reward comes under scrutiny from shareholder activists, keen to ensure proper governance and stakeholder fairness. This year the issue of pensions as part of executive pay – … Continue reading
Posted in accountants, actuaries, advice gap, pensions
Tagged pensions, perks, remuneration, rights
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The only solution to the net-pay pension problem comes from HMRC
Last Thursday, there was another meeting of the group of us, determined to keep up pressure to sort the problem of net-pay pension contributions this side of auto-enrolment’s next big phasing hike in April. Just to rehearse the problem, … Continue reading
Posted in accountants, pensions
Tagged auto-enroment, HMRC, net-pay, pensions, Tax, Technology
4 Comments