Thursday 30 June 2011

How a Pension Practitioner .com S.S.A.S., can help you cut tax and extract cash from your property without a remortgage whilst getting tax relief.

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Pension Practitioner .com will establish your small self administered scheme and insure you are registered for tax relief.

After regulated advice you transfer your old pension into your SSAS, account. Your scheme then purchases equity in the property (Subject to independent valuation.). This [...]

Source: http://www.pensionpractitioner.com/blog/how-a-pension-practitioner-com-ssas-can-help-you-cut-tax-and-extract-cash-from-your-property-without-a-remortgage-whilst-getting-tax-relief/71/

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SSAS loans - Five conditions for the principal and associated companies

The rules state;


The maximum loan is 50% of net assets of the scheme at the time of the loan.

The loan is for a maximum period of five years.

The interest rate has to be a minimum of 1% over the average of six high-street bank base rates.


The capital and interest is repayable equally over the period [...]

Source: http://www.pensionpractitioner.com/blog/ssas-loans-conditions-for-principal-and-associated-companies/47/

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A is for Apple, B is for Ball?.

Now we all know that pensions are difficult. That’s why my clients pay me very reasonable fees to sort it out for them. The National Employment Savings Trust (NEST) have just published their research paper showing that its target audiences don’t understand many of the terms and phrases used by the pension industry and have [...]

Source: http://www.pensionlawyerblog.com/pensions-plain-english

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More on that Salary Sacrifice story?

As I promised last week, a little more on that Salary Sacrifice story.� For those not up to speed with this one, I refer you to my original post on this: http://www.jelfgroup.com/blog/2011/03/the-budget-3-tax-merger-and-salary-sacrifice/ It appears that I am far from alone … Continue reading

Source: http://www.jelfgroup.com/blog/2011/05/more-on-that-salary-sacrifice-story/

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How Will Drawdown Affect US Mission in Afghanistan?

In a primetime address Wednesday, President Obama will unveil his plan for the size and pace of the US troop withdrawal from Afghanistan. Judy Woodruff discusses the politics influencing the president’s decisions with The Washington Post’s Ruth Marcus and The … Continue reading

Source: http://www.iiht.info/how-will-drawdown-affect-us-mission-in-afghanistan/

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Waste policy, government thinking one year on..

Source: http://blogs.birminghampost.net/business/2011/06/waste-policy-government-thinki.html retirement age uk retirement calculator annuity calculator pensions advisory service can i retire

Source: http://www.annuitycomparison.info/waste-policy-government-thinking-one-year-on/

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Web links for 27th June 2011

Work Programme staff transfers break employment law, says [...]

Source: http://www.touchstoneblog.org.uk/2011/06/web-links-for-27th-june-2011/

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Today?s Labour Market Report (#15)

Download the 15th TUC Labour Market Report We [...]

Source: http://www.touchstoneblog.org.uk/2011/06/todays-labour-market-report/

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Certified schemes ? contributions?

Another pension reform post I’m afraid, but an important one.� A question that has been kicking-around since last October seems to now be answered, at least in part, by Lord Freud in the House of Lords debates of the 30th … Continue reading

Source: http://www.jelfgroup.com/blog/2011/04/certified-schemes-contributions/

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Today?s Labour Market Report (#15)

Download the 15th TUC Labour Market Report We [...]

Source: http://www.touchstoneblog.org.uk/2011/06/todays-labour-market-report/

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Public sector strikes live blog

? Latest on tomorrow's public sector and pensions strikes
? Why are public servants striking?
? Tell us your story - fill in this form to let us know details of rallies, marches and demonstrations across the country
? Check out our school closures map for the latest for your area
? Tell us why you are striking: paul.owen@guardian.co.uk or @paultowen

? Read more: Unions throw down gauntlet over pensions

8.53am: Hello and welcome to the Guardian's strike day blog. Up to 750,000 public sector workers are expected to strike today over planned changes to their pensions.

A third of schools are expected to close and another third partially close while two thirds of universities have cancelled lectures. The government expects one fifth of Britain's 500,000 civil servants will strike. Benefits will go unpaid, court cases will be postponed, police leave has been cancelled in London and airports are bracing themselves for backlogs at immigration.

Roads in central London will shut as thousands of people march in demonstrations that will be echoed across the country. Some groups calling for peaceful civil disobedience are planning events in the capital. There were suggestions on the web that anarchists may target the events.

Both the unions and government are watching keenly to gauge the public tolerance to today's the disruption, to influence their future strategies.

The main march in London will meet at Lincoln's Inn Fields in Holborn at 11, moving off at 11.30. The route will take in Kingsway, Aldwych, the Strand, Whitehall, Parliament Street, Great George Street and Storey's Gate, where there will be a rally at Westminster Central Hall. The TUC says it is expecting "hundreds of thousands" of public sector workers to attend.

I will be covering events across the country live here, with help from my colleagues around the country, including H�l�ne Mulholland on the march, Dan Milmo at Heathrow, Steven Morris in Merthyr Tydfill, and Helen Carter on the picket lines in Knowsley. Jeevan Vasagar and Jessica Shepherd will have the latest from schools and universities, and Polly Curtis will keep us updated on the civil service.

You can read our front-page story on today's strikes here.

Amelia Gentleman has been speaking to benefits office staff fearful about what they see as an attack on their livelihoods.

Mark Serwotka of the Public and Commercial Services union explains why the public should support today's strikes.

The collapse of private sector pensions is one of the greatest outrages of our time. Just over a decade ago half of all private sector workers were in a workplace pension scheme; today it's less than a third. The cost of that decline will be borne by the taxpayer through increased eligibility for means-tested benefits such as pension credit, housing benefit and council tax benefit; greater health and social care costs; and an increase in our already shocking levels of pensioner poverty.

However, while pensions have been ripped away from ordinary workers, the directors of large companies continue to net very generous pensions ?

Don't tell low- and medium-paid workers on strike today in defence of their modest pensions that they are being unfair on the "hard-working taxpayer" ? as if public sector workers are not in that category too ?

On average, the public sector workers I represent can expect an occupational pension of �80 a week. They will also get the basic state pension of �102 a week. That combines to an income of just �4 over the official weekly pensioner poverty line of �178.

A Guardian editorial says that many aspects of the pensions system are not sustainable.

There need to be changes, which are likely to involve working longer and paying in a bit more, where that is affordable, as is the case with private sector pensions and the state pension. And the defined benefit commitment that has been promised to the unions is a benefit very much worth having ? as the millions who have lost it in the private sector know only too well. The unions need to be acutely sensitive to the limits of public sympathy.

Finally, here are is a detailed breakdown of who is expected to strike where, courtesy of Polly Curtis:

Schools

It is estimated that a third of schools will shut, with a further third partially closed. According to a survey by the Press Association nearly 8,000 schools will be affected in 143 areas. Big cities will be worst affected with Liverpool, Newcastle, Manchester, east London and Camden facing the most closures. Up to 20,000 private school teachers will also join walkouts. Some 70 are at Eton College, but they say they will "minimise disruption, [and] take the pensions issue forward by other means".

Colleges and universities

About 350 colleges and 75 universities will be affected by walkouts. None are expected to close but lectures and classes will be cancelled. None of the Russell Group universities are in public pension schemes so it is mostly staff at former polytechnics joining the picket lines.

Ports and airports

Between 12,000 and 14,000 UK Border Agency employees affiliated to the Public and Commercial Services union (PCS) could go on strike. PCS membership is strongest at Heathrow, Gatwick and Manchester airports and the port of Dover. Managers have been trained to man passport control booths, but there are fears that non-EU airline and boat passengers will suffer delays, as they face lengthier checks when entering the UK. A spokesman for BAA, Heathrow's owner, said: "We expect there to be significant delays at the UK border for arriving passengers." PCS claimed that temporary passport checkers could struggle to detect forged documents, despite contingency training. However, airports sources played down the security threat, saying that delays at passport control are the biggest concern.

Jobcentres and benefit offices

Most will be opened by non-striking managers but are likely to offer a reduced service. Claimants who sign on on Thursdays will not have to do so and money will be paid into their accounts.

Courts

The Ministry of Justice says it has "robust" contingency plans and Downing Street confirmed there would be no closures. Some cases could be cancelled, with priority given to the most urgent family and custody cases. Unions say that people who are sentenced tomorrow on Thursday may have to spend an extra night in a holding cell, with due to a lack of staff to process their transfer to prison.

Whitehall departments

Junior staff in nearly every Whitehall department are PCS members and many are expected to join strike, as well as a rally being organised in Westminstes. Senior staff are not striking, so will keep the machinery of government ticking over. Downing Street confirmed a small number of No 10 staff are joining walkouts.

Driving test centres

More than 60% of the DVLA workforce are PCS members so there will be a greatly reduced service, with delays to registration of vehicles, and the issue of tax discs and driving licences. The DVLA expect most test centres to remain open and that driving tests due to take place on Thursday should go ahead.


guardian.co.uk © Guardian News & Media Limited 2011 | Use of this content is subject to our Terms & Conditions | More Feeds

Source: http://www.guardian.co.uk/society/joepublic/2011/jun/30/public-sector-strikes-live-blog

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Wednesday 29 June 2011

What are Inheritance Taxes? ? TurboTax Video 2010

turbotax.intuit.com Inheritance taxes are taxes that a person needs to pay on money or property they have inherited after the death of a loved one. Educate yourself about inheritance taxes with help from TurboTax in this video clip.

Source: http://www.pensions-advisory-service.info/what-are-inheritance-taxes-turbotax-video-2010/

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Comment on our seminar?

Further to my earlier post, I thought it would be nice to�provide�links to some of the coverage of last weeks Jelf Employment Seminar in London, together with some commentary from me where appropriate. To kick us off, and for a … Continue reading

Source: http://www.jelfgroup.com/blog/2011/05/comment-on-our-seminar/

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Children must learn lessons against obesity

Doctors agree ?physical literacy? should be on the curriculum

Source: http://feedproxy.google.com/~r/BMADailyFeed/~3/xg2Mob4Dxuo/RTHS-8JAKM4

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When is a decision not a decision?

When it’s ajar? errr. Anyway, moving on to pensions law ? when can trustees’ decisions be set aside?� I’m talking about the so-called rule in Hastings Bass, which we now know isn’t the rule in Hastings Bass at all ?. … Continue reading

Source: http://www.annuitycomparison.info/when-is-a-decision-not-a-decision-2/

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Military chiefs did not advise US troop drawdown

US chairman of the joint chiefs Admiral Mike Mullen says president Barack Obama’s planned withdrawal of 10000 troops from Afghanistan is risky.Video Rating: 5 / 5

Source: http://www.annuityratesuk.info/military-chiefs-did-not-advise-us-troop-drawdown/

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Split Annuity Concept

If you are an Annuity Agent now, or a Life Insurance Agent that would like to expand to Annuities, this series of training videos will help you close more deals! This is a brief description of the Split Annuity Concept … Continue reading

Source: http://www.illhealthretirement.info/split-annuity-concept/

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Stop the unfounded criticism, junior doctors demand

Comparisons with ?mythical medical machines? of the past are unfair and unhelpful

Source: http://feedproxy.google.com/~r/BMADailyFeed/~3/AVfYoCxI480/RTHS-8JAN7Z

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The time is now?

An article in the Times today (20 Jun 2011) has raised the issue of the development of a two tier occupational pension being provided by companies. Those of us well versed in the machinations of the UK pension industry would … Continue reading

Source: http://www.pensionscalculator.info/the-time-is-now/

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wurk iht

This video was uploaded from an Android phone. Source: http://www.pensionlumpsum.info/wurk-iht/ uk retirement drawdown state pension forecast uk state pension pension lump sum Source: http://www.illhealthretirement.info/wurk-iht/ pensions uk iht annuity rates stakeholder pensions uk retirement Source: http://www.ukstatepension.info/wurk-iht/ inheritance tax pension calculator nhs … Continue reading

Source: http://www.pensionlumpsum.info/wurk-iht-2/

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Emergency Budget 2010 - Deferring pension

Good news for those nearing age 75 and not wanting to take their pension benefits - there will be an end to the effective requirement to use a pension fund to buy an annuity by age 75 from 2011/2012. The government will consult shortly on the detail of the changes being introduced.

Source: http://feeds.lexblog.com/~r/MercerHole/TaxPlusBlog/~3/7WLHcV2Y9qk/

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2wo Complex Callin Out Team Smash Iht

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Source: http://www.pensions-advisory-service.info/2wo-complex-callin-out-team-smash-iht-2/

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Why David Cameron may not be entirely right about union ?scare stories?

David Cameron has just used his LGA conference speech to defend reforms to public sector pensions, arguing that his proposals are fair. He has suggested that people are being told “scare stories” about the government plans. (Here is the full …

Source: http://feedproxy.google.com/~r/ft/westminster/~3/H7WwD-Qh1Vs/

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Tuesday 28 June 2011

The time is now?

An article in the Times today (20 Jun 2011) has raised the issue of the development of a two tier occupational pension being provided by companies. Those of us well versed in the machinations of the UK pension industry would … Continue reading

Source: http://www.uk-retirement.info/the-time-is-now/

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John Denham attacks the government over Thameslink decision

John Denham will tomorrow criticise the government for overlooking Britain’s last remaining train factory – Bombardier in Derby - when awarding�one of the country’s�largest-ever train contracts. The order for 1,200 Thameslink trains, likely to be worth over �3bn, instead went …

Source: http://feedproxy.google.com/~r/ft/westminster/~3/rimiMPskhgk/

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Barbados property investors will see the benefit

As news keeps flooding in regarding the increase of flights to Barbados we thought we should share our opinion on how we feel it will be a positive impact for Barbados property investors? that includes us! Barbados remains a strong … Continue reading

Source: http://www.pensionforecast.info/barbados-property-investors-will-see-the-benefit/

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Hello world!

Welcome to WordPress. This is your first post. Edit or delete it, then start blogging! Source: http://www.pensionrelease.org/hello-world/ pension transfer retirement age uk retirement calculator annuity calculator pensions advisory service

Source: http://www.statepensionforecast.info/hello-world/

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The Fresh UK Property outlook 2011

After reading a few different articles regarding the state of the UK property market and realising we have not done a UK property article in a while, I thought I would share my view on the outlook for the UK … Continue reading

Source: http://www.pensionsuk.info/the-fresh-uk-property-outlook-2011-2/

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Pension Auto-enrolment is coming...

A big shake-up to Pensions provision is coming in the next 1 to 4 years.

Source: http://www.lse.co.uk/blogs/expert/resident-ifa-blog/83cpk9/

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Minnesota Real Estate Investing ? Learn How to Buy Foreclosure Houses with James Smith

www.FinancialSuccessSummit.biz Learn how to buy Property Tax Foreclosures for pennies on the dollar. Tax Liens are the absolute best leverage for buying a home. Foreclosure Information and Foreclosure Listings are ever growing. This makes opportunity for Foreclosure Investors in the … Continue reading

Source: http://www.pensionforecast.info/minnesota-real-estate-investing-learn-how-to-buy-foreclosure-houses-with-james-smith/

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Ethics chair Tony Calland speaks at ARM

Topics discussed by the Committee this year include the ongoing debate about assisted suicide and the effect of the Health Bill on medical confidentiality and the ethical issues related to GP commissioning and the very important matters which affect the … Continue reading

Source: http://www.newstakeholderpensions.info/ethics-chair-tony-calland-speaks-at-arm/

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Top US military officer says Afghan drawdown risky

The top US military officer said Thursday that he endorsed President Barack Obama’s Afghan withdrawal plan despite initial worries about the risks of “sacrificing fighting power in the middle of a war.”Duration: 00:47

Source: http://www.statepensionforecast.info/top-us-military-officer-says-afghan-drawdown-risky/

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