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Tag: Pensions

Alextra Accountants
New Workplace Pension Limits From 6 April 2019 - Are Yo...
The amounts that employers and workers will be required to pay into workplace pensions has increased from 6 April unless the worker opts out. The new limits will be 5% from the worker and 3% from the ...
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Alextra Accountants
Pension Cold Calling Ban Introduced
The government is set to introduce a ban on cold callers selling investment products to people cashing in their pension pots from the age of 55. The ban will aim to tackle the ongoing rise of scam cal...
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Alextra Accountants
£7.6 Billion Accessed Via Pension Freedoms
Savers have accessed over £7.6 billion from their pension pots since April 2015, according to figures by HMRC. Since the introduction of pension freedoms, 11.1 million payments have been made. The fig...
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Alextra Accountants
Contracting Out Of Additional State Pension Ends 5 Apri...
From 6 April 2016 employees of contracted-out defined benefit (DB) schemes will automatically be brought back into the State Pension scheme and will no longer be able to use a contracted-out salary re...
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Alextra Accountants
SMEs With Less Than 30 Employees Reach Auto-Enrolment S...
From Monday 1 June, a further 14,000 small businesses with fewer than 30 employees must now comply with the government’s new pension rules. These rules state that these firms must automatically enrol ...
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