Posts From February, 2012

Don't forget about ISAs! 

Monday, February 27, 2012 10:21:00 AM Categories: ISAs

With the 2011/12 tax-year quickly coming to an end you should be ensuring that any ISA contributions you were planning to make are finalised before 5th April 2012. You have a maximum allowance of £10,680 in this tax-year, which can include up to £5,340 into a Cash ISA account.

If you would like to discuss this further please get in touch with your usual IFA at Whichers IFA Ltd or you can use the Contact Us option to request a callback. 

RDR: What does it mean to me? 

Monday, February 20, 2012 3:04:00 PM Categories: RDR

You may well be hearing the acronym RDR at the moment and wondering what it is all about. It is referring to the Retail Distribution Review, which is one of the biggest overhauls of financial regulation since the Financial Services Act was introduced in 1986. It was instigated with a view to improving service levels and transparency and ensuring the interests of financial advisers and their clients are in line.

We have embraced these changes as we feel they compliment the service we are already offering our clients and can only help to improve standards across the industry as a whole. 

If you would like to find out more about RDR and the changes this will be implementing across the financial advice sector please have a look at the following link

Updated guides to Auto-Enrolment 

Monday, February 13, 2012 1:01:00 PM Categories: Auto-enrolment

Further to our blog entry from last week, The Pensions Regulator has now published an updated version of its guide to auto-enrolment duties for large employers and their advisers, reflecting changes brought about by the Pensions Act 2011 and recent regulations put before parliament.

This can be found here

2012: the year of Auto-enrolment 

Monday, February 06, 2012 2:21:00 PM Categories: Auto-enrolment

The Government have brought in auto-enrolment as a way of encouraging people to save for their retirement through their workplace. This is the most fundamental change to pensions since the introduction of the Basic State Pension in 1948. Starting in October 2012, this is to be phased in, on a compulsory enrolment basis, for all employees earning over £7,475 per annum.

At our sister company, Whichers Employee Benefits, we have the solution to the compliance requirements alongside the provision of other employee benefits and can even save companies already using these benefits through our Jargonfree Benefits product. Please see our website for further information.