Tag Archives: Individuals
“How most British defined-benefit pension schemes have been calculating pensions wrongly for the last 20 years”
Roger May, a pensions solicitor with over 20 years’ experience, at City solicitors Royds LLP, has published a 24 page White Paper called “The Emperor’s New Pension” which explains in detail how most British defined-pension schemes have been calculating pensions wrongly for the last 20 years.
The key points emerging from the Chancellor’s statement today are as follows:
Are you sure that family members would do the right thing in the event of your death? – By Tony Millson, Private Client Department
David was an understated guy, people just knew him as the quietly efficient company secretary always puffing on his pipe (in the days when one could puff on a pipe in an office!). Mavis, his wife, did some clerical work. They lived in a modest but well maintained semi-detached house in the suburbs of South West London.
For the children – A sad story that shows why you must make a Will – By Tony Millson, Private Client Department
All had started off so well. Sarah and Anthony were on their way North to spend a “dirty” weekend away without their children, Peter and Sandra, aged four and two. The children were being looked after at home by Anthony’s parents, Geoff and Grace who were into their seventies. Anthony and Sarah were in their forties, both fit and successful in their own lines of business – insurance for him and hairdressing for her. They had never given thought to making a Will.
First time buyers – end of Stamp Duty exemption
In case you missed the various news reports, the two year stamp duty exemption for first time buyers for homes costing less than £250,000 (saving up to £2,500) ends on 24th March 2012. The Government’s view is believed to be that it didn’t manage to stimulate the property market and get young people onto the property ladder. Continue reading
Beware the stroke of midnight! From last night Capital Gains Tax will increase for higher rate tax payers to 28%, but lower rate tax payers will still pay 18%. The annual exemption remains at £10,100. However Entrepreneurs’ relief has been extended to the first £5 million of gains. Continue reading
‘Royds Reorganises and steps up its Family Wealth Management Department’ by Patrick Hart, Chris Hall & Stewart Wilkinson
Royds, the 17 partner City law firm, announces significant changes to its family and private client teams with the appointment of Chris Hall as private client partner and the consolidation of the family, private client and residential conveyancing teams into a single Family Wealth Management Department. Continue reading