Pensions Matter — April 2014: Budget 2014 — pension changes
In his recent Budget, George Osborne announced significant changes for pensions in regard to members of defined-contribution (DC) schemes in connection with when they can access their pension savings. The changes represent a ‘needle-moving event’ from the previous requirement that, upon retirement, members must purchase an annuity. Further, there has been a significant relaxation in tax charges that are applied when members withdraw their funds upon retirement.
The changes will be staggered. However, transitional changes have already commenced (27 March 2014). The wider changes are proposed to come into effect around April 2015. That said, they are still subject to a consultation paper, until June 2014…
Click on the link below to read the rest of the Walker Morris briefing.
News from Walker Morris
News from The Lawyer
Briefings from Walker Morris
Southend-On-Sea Borough Council v Armour is a tenancy repossession case in which the tenant invoked a successful article 8 defence.
The draft Equality Act 2010 (Equal Pay Audits) Regulations 2014 are due to come into force on 1 October 2014.
Analysis from The Lawyer
The law school war shows no signs of ending. But we have, perhaps, reached the end of the beginning.
New EU rules and lawyers’ increased comfort with digital formats are sparking a sea-change in the way law firms manage their documents