Chancellor George Osborne has today reported some grim economic news with gloomy predictions for the UK economy. He announced growth would stutter to under 1% over the next 2 years, much lower than previously predicted and the risk remains of the UK again sliding into a double dip recession with.
Archive for tag: SME’s
Businesses should be warned HMRC may not be as eager to agree to a TTP as they may once have been, which may be due to the rumour they are currently owed an estimated £1 billion.
Published on: 24 June, 2011 - 19:13
Author: Carol H
Posted in : Business News, MAGIC News
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Tags: default investment option, NEST, pensions reform, qualifying pension scheme, SME's, workplace pension
Pensions have once again hit the headlines. Experts tell us many younger people are falling way behind their older counterparts when it comes to saving for their retirement, some aged 30 to 50 save nothing at all. It’s estimated seven million people won’t have savings to look after themselves in retirement.