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Month: January 2016

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Will financial education be high on the corporate agenda in 2016?
Blog

Will financial education be high on the corporate agenda in 2016?

Recent research published by The Open University Business School and Share Radio – highlighted the fact that two thirds of UK employees have never received financial education. The research also found that, while four in five (81%) employees want personal [..]


Millions of savers face pension shock in Budget
News

Millions of savers face pension shock in Budget

Upcoming pension tax changes could reduce millions of people’s retirement savings by tens of thousands of pounds. Darren Laverty, Partner at Secondsight, says 'Taking into account an annual growth rate of 5 per cent, any individual with a fund currently worth [..]


Employees in the dark about pension changes
News

Employees in the dark about pension changes

Half of UK employers admit that their employees, both in defined benefit and defined contribution schemes have a limited understanding of the pension freedoms, or are still confused about what the changes mean to them. This figure comes as the industry approaches [..]


Optionis selects FD to provide financial advice
News

Optionis selects FD to provide financial advice

Foster Denovo Limited, Secondsight's Parent Company, and Optionis Group have entered into a strategic partnership that will see Foster Denovo provide regulated financial advice to clients and employees across Optionis' three businesses - Parasol. ClearSky Accounting [..]


Top earners could be hit with unexpected tax
News

Top earners could be hit with unexpected tax

Radical changes to pension schemes being introduced by government from 6th April 2016 could leave high earners with unexpected and unwanted tax bills of up to £13,500 warns Secondsight. From 6th April 2016, the annual allowance will be tapered from £40,000 for [..]


Unintended consequences’ of pension changes
News

Unintended consequences’ of pension changes

Employers and employees need to be made aware of the full consequences of tapering and lifetime allowance changes, warns Darren Laverty, Partner at Secondsight. From 6 April 2016, the annual allowance will be tapered from £40,000 for those with earnings of [..]


High earners need to act now or risk tax bills
News

High earners need to act now or risk tax bills

More employees could be hard hit by both the intended and ‘unintended consequences’ of lifetime allowance and tapering changes unless they take action now, warns Darren Laverty, Partner at Secondsight. Radical changes to pension schemes being introduced by [..]


Risk of unexpected tax bill from new pension rules
News

Risk of unexpected tax bill from new pension rules

Radical changes to pension schemes being introduced by government from 6th April 2016 could leave high earners with unexpected and unwanted tax bills of up to £13,500 warns Secondsight. From 6th April 2016, the annual allowance will be tapered from £40,000 for [..]


Top earners could be hit with unexpected tax bills
News

Top earners could be hit with unexpected tax bills

Top earners could be hit with unexpected tax bills following new pension rules in April and more employees will hit lifetime allowance if they don't take action now Radical changes to pension schemes being introduced by government from 6thApril 2016 could leave [..]


Tailor financial education to the workforce?
News

Tailor financial education to the workforce?

It used to be that an individual would happily retire on the pension their employer had been contributing to, with the employee not having to worry.  Things have changed and retirement planning, now sits firmly with the employee, as Darren Laverty [..]


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