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Henderson Stone & Co Ltd - Chartered Financial Planners - Glasgow
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Chartered Financial Planners - Personal & Corporate Financial Advice
Chartered Financial Planners - Personal & Corporate Financial Advice

7 followers
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I’m delighted to confirm the publication of the Winter 2016 issue of Wealth Perspectives, our Client magazine...

http://www.hendersonstone.co.uk/wealth-perspectives-magazine-winter-2016/

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Major announcements in the 2016 Autumn Statement. We have pleasure in posting our summary of the key announcements in the Chancellor’s Autumn Statement 2016. We hope you will find it useful and informative. Philip Hammond’s first Autumn Statement was also his last. After two Budgets in 2017, from 2018 onwards we will have a Spring Statement and an Autumn Budget. In his 2016 Autumn Statement finale, the Chancellor made a number of tax-related announcements:

http://www.hendersonstone.co.uk/autumn-statement-2016/

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According to The Pensions Regulator quarterly compliance bulletins there has been a sharp rise in the issue of escalating penalty notices handed out to employers between July and September¹ this year. A record 576 penalty notices were issued to employers failing to comply with auto-enrolment rules, compared with 38 issued between April and June² – a rise of more than 15 times. Employers receiving escalating penalty notices face fines of between £50 and £10,000 per day, depending on their size... click below to read more...

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We are currently experiencing a dramatic increase in people coming to ask our advice on their occupational pension schemes and whether a pension transfer to a personal pension would be right for them. This is as a result of the radical changes made to private pensions in the 2015 April Budget giving greater ‘pension freedoms’.

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For those thinking about auto enrolment planning, some timely quotes and advice have been sourced by one of our Directors this week. The quotes and advice are all from small and medium sized businesses within the UK on their auto enrolment experiences.

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