In recent years final salary pension schemes have been phased out by employers because people are living for longer and the uncrystallised liabilities are wreaking havoc with corporate balance sheets. Robert Blumberger explains why this is happening and sounds a cautionary note for those attracted to the idea of transferring.
How are you supporting your employees as they approach retirement? At this time, as they prepare to leave your employment, failing to provide support can have consequences on their financial wellbeing for the rest of their lives. Commentary on recent research from the OBR and Legal & General.
Now that contributing to employee’s pension is compulsory to compliance, the importance is shifting to not only providing a workplace pension – but to providing a great workplace pension. Find out more about the importance of pension scheme governance.
A growing trend in working life is for people to begin businesses later on in life, sometimes to phase their retirement or to earn extra income in retirement. Steve Blissett of Rodliffe Accounting outlines best practice for starting a new business and sheds light on the technology simplifying accountancy for business owners.