News

The Chancellor has presented his Budget to Parliament – here's a summary of what was announced.

 

1. There are over 32 million people in work – near a record high

The rise in employment over the past year has been driven by full time workers. Unemployment is also at its lowest rate since 1975.

The money purchase annual allowance was announced in March 2017 but delayed by the general election. Now the legislation changes are going ahead, backdated to April 2017, and there could be implications for your employees. Bernadette Lewis, financial planning manager at Scottish Widows, explains

Charity urges NI workers to ‘plan for retirement’

Almost half of workers in Northern Ireland expect to work beyond 65 to afford their retirement.

The FT Advisor reports employers are being tardy in setting up workplace pensions for their employees with many missing the deadline, according to research by Aviva.