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You searched for the term annual statement Your search returned the following 40 results...
 
  • New and improved annual statement for your Income Release clients - Royal London for advisers

    New and improved annual statement for your Income Release clients 25 March 2019 Share Share We’ve recently redesigned our annual statement to help us improve customer engagement and promote the value of your services. Download a sample Take a look The new statement was issued to Pension Portfolio...

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    News

    Blog

  • New and improved updates for your clients - Royal London for advisers

    New and improved communications for your clients 26 February 2018 Share Share We’ve recently redesigned our annual statement – and launched a new suite of retirement planning communications. These have been designed to help us improve customer engagement, while giving us more opportunities...

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    News

  • We’ve launched our new workplace annual statements - Royal London for advisers

    We’ve launched our new workplace annual statements 25 July 2018 Share Share As part of our ongoing commitment to improving communications with our customers, we’ve introduced a new workplace annual statement. Our new annual statement Download What’s changed?  We’ve created a fresh and modern design...

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    News

  • We’ve launched our new annual statements for continuation plans - Royal London for advisers

    We’ve launched our new annual statements for continuation plans 25 September 2018 Share Share This is the next instalment of our ongoing commitment to improving communications with our customers. Our new annual statement for continuation plans Download What’s changed?  Previous members of workplace...

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    Blog

  • New and improved annual statement for Retirement Solutions Company Pension Plans - Royal London for advisers

    New and improved annual statement for Retirement Solutions Company Pension Plans 27 August 2019 Share Share In 2018 we re-launched our annual statements with a fresh and modern new design. We’ve made even more improvements for this year, and made them available to more of your workplace clients...

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    News

    Blog

  • Communication and Engagement - Royal London for advisers

    ...of what to expect: Introduce the scheme Getting to know us We’ll provide workplace marketing materials to let members know about the scheme. Welcome pack A warm welcome Our welcome pack has everything they’ll need about their new plan, in one place.                                 Annual statement...

  • Pension news from 2019 - Royal London for advisers

    ...it easier for new customers to use our app New and improved annual statement for Retirement Solutions Company Pension Plans Aug 27 2019 In 2018 we re-launched our annual statements with a fresh and modern new design. We’ve made even more improvements for this year, and made them available to more...

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    News

    Blog

  • Our latest mobile app enhancement - Royal London for advisers

    ...communication we’ve sent them, like their welcome pack or an annual statement. If they’re already using the app, they won’t be impacted by this change. Take a look at the app Animation Transcript We are doing more to help your clients see the value of their pension savings and if they're on track...

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    News

    Blog

  • Pension news from 2018 - Royal London for advisers

    ...workplace annual statements Jul 16 2019 As part of our ongoing commitment to improving communications with our customers, we’ve introduced a new workplace annual statement. Saving for future generations: part two Jun 11 2019 Following on from last month's article on how your clients can save for future...

  • Enriching your conversations - Royal London for advisers

    ...and at the right time, to help drive the right behaviours. And we help make it easy for you to provide an ongoing service to your clients too. Here are a few examples: Engaging when it matters Our annual statement is clear and visual, helping customers really understand their retirement savings. Review...

  • Stakeholder pensions - technical summary - Royal London for advisers

    ...must be available to members. A statement of investment principles must be produced. A 'lifestyling' investment option must be available. What information must be produced annually? An annual declaration - The Trustees or manager must sign a declaration confirming that stakeholder regulations...

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    Information and guidance

  • Scottish Life Fund bonus report for 2018 - Royal London for advisers

    Scottish Life Fund bonus report for 2018 28 May 2019 Relevant planholders will be sent their statement packs in June 2019. Every year we issue The Scottish Life Fund annual bonus report to our customers who own certain conventional with profits plans in this fund. Customer mailing pack Letter...

  • Trustee mailings questions & answers - Royal London for advisers

    ...are: Ensure that default arrangements are designed in members’ interests and keep them under regular review. Assess the value of costs and charges borne by scheme members. Ensure core financial transactions are processed promptly and accurately. Prepare an annual governance statement within seven months...

  • Scottish Life Fund bonus report for 2017 - Royal London for advisers

    Scottish Life Fund bonus report for 2017 28 May 2018 Relevant planholders will be sent their statement packs in June 2018. Every year we issue The Scottish Life Fund annual bonus report to our customers who own certain conventional with profits plans in this fund. Customer mailing pack Letter...

  • Budgets and Acts - Royal London for advisers

    Budget Summary 2017 Spring Budget 2017 Spring Budget Summary 2016 Autumn Statement 2016 Autumn Statement Income tax Money purchase annual allowance Pension scams Salary exchange Foreign pensions Insurance premium tax Life insurance policy part surrenders and part assignments ISA 2016 Budget 2016...

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    Information and guidance

  • 2016 Autumn Statement - Royal London for advisers

    2016 Autumn Statement Philip Hammond delivered his first (and last) Autumn Statement on 23 November 2016 Our view Cutting the money purchase annual allowance flies in the face of efforts to make retirement more flexible. As soon as someone draws any taxable income using the pension freedoms...

  • Autumn Statement 2015 - Royal London for advisers

    Autumn Statement 2015 George Osborne delivered the 2015 Autumn Statement on Wednesday 25 November. Our view It’s good news that the rumours of a halt to automatic enrolment have proved unfounded. It’s also good news that a decision on pension tax relief changes has been put off until the Budget...

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    Information and guidance

  • Autumn Statement 2012 - Royal London for advisers

    Autumn Statement 2012 There were various announcements in George Osborne's Autumn Statement affecting pensions - some widely predicted, others not. Here are the details: Our view While the reduction in the annual allowance is unwelcome, the advance warning given does provide an opportunity...

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    Information and guidance

  • Salary exchange calculator - Royal London for advisers

    £2 that their yearly salary exceeds £100,000 until their tax allowance is reduced to nil. Convert employee savings Yes No Convert % of employer savings * Denotes a required field Calculate Clear Summary Print employee statement Notes : The figures are based on tax and National Insurance rates...

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    Tools

    Salary exchange

  • 2013 Budget Summary - Royal London for advisers

    2013 Budget Summary George Osborne delivered his fourth Budget on Wednesday 20 March 2013. Given the changes to the annual allowance and lifetime allowance announced in the Autumn Statement last December, he thankfully resisted the temptation to reduce them any further. Our view We're thankful...

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    Information and guidance

  • Annual allowance and money purchase annual allowance - Royal London for advisers

    Annual allowance & money purchase annual allowance An annual allowance for pension savings applies each year, this is based on a pension input period. We outline the annual allowance and money purchase annual allowance. Tax year Annual allowance Money purchase annual allowance 2020/2021 £40,000...

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    Rates and factors

  • Our statement on consultation paper 19/25 - Royal London for advisers

    Our statement on consultation paper CP 19/25 7 August 2019 Following the consultation paper CP19/25 released by the FCA on Tuesday 30 July 2019, the advice provided on defined benefits pension transfers looks set for a new wave of scrutiny by the regulator. The key takeaways from this document...

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    News

  • Tax relief and annual allowance - Royal London for advisers

    Tax relief and annual allowance Jim Grant and Fiona Hanrahan dig deeper into the technicalities of tax relief and the annual allowance in our webinar master-class*. Download this video (right-click and save)  *This webinar was recorded on 29 January 2020 and figures are based on the 2019/20 tax...

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    CPD

    Webinars

  • Increasing the Financial Ombudsman Service (FOS) Award Limits - Royal London for advisers

    ...on 21 December 2018.  Our response We accept the case for complaints referred to the FOS on or after 1 April 2019: A one-off increase to the compensation limit from £150,000 to £160,000 (to catch up on past inflation) for complaints on acts or omissions that happened before 1 April 2019. The annual...

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  • Customers and Advisers have spoken… - Royal London for advisers

    The results from our Customer Voice Programme surveys are in... 23 April 2018 Share Share We take customer experience really seriously - we are after all owned by our members. As well as constantly collecting feedback from customers who contact us, we run an annual relationship survey which...

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    News

  • Annual allowance - Royal London for advisers

    Annual allowance An annual allowance for pension savings applies each year, which is based on a pension input period. This limits the amount of tax privileges available on pension savings each year. Key facts Annual allowance is based on pension input periods. Pension input periods are now aligned...

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    Information and guidance

  • Autumn Statement 2014 - Royal London for advisers

    Autumn Statement 2014 George Osborne delivered the 2014 Autumn Statement on Wednesday 3 December. After the blizzard of notes, guidance and draft legislation since March’s Budget, the Statement thankfully contains few new measures that directly affect private pension scheme provision. Our view We...

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    Information and guidance

  • Autumn Statement 2013 - Royal London for advisers

    Autumn Statement 2013 George Osborne delivered the 2013 Autumn Statement on Thursday 5 December. Thankfully there are no measures that directly affect private pension scheme provision, despite the usual pre-Statement predictions about a reduction in tax-free cash or further cuts in tax relief...

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    Information and guidance

  • Our summary and thoughts on the FCA’s recent feedback statement 19/5: Effective competition in non-workplace pensions - Royal London for advisers

    Our summary and thoughts on the FCA’s recent feedback statement 19/5: Effective competition in non-workplace pensions Craig Muir 17 September 2019 Share Share In July 2019, the Financial Conduct Authority (FCA) produced feedback statement FS19/5 which outlines a number of proposals to improve...

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    Opinion

    Workplace pensions

  • Watch our annual allowance CPD webinar - Royal London for advisers

    Annual allowance, who’s afraid of the big bad tax charge Clare Moffat talks about the annual allowance charge and making the right decision in our recent webinar*.   Download this video (right-click and save) *this webinar was recorded on the 16 January 2019.  CPD learning outcomes - 60 minutes...

  • Retirement Outcomes Review – Part 1 of 2 - Royal London for advisers

    Retirement Outcomes Review - part 1 Robin Nimmo 28 May 2019 Share Share The FCA published policy statement PS19/1 at the end of January 2019 detailing the first part of its package of remedies to address the issues they identified in the retirement market. Here we take a look at what the main...

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    News

    Blog

  • HMRC Pension Schemes Newsletters - Royal London for advisers

    ...pension tables Relief at source Lifetime allowance Newsletter 83 - December 2016 This includes information on the following: Autumn Statement 2016 Lifetime allowance Unauthorised borrowing Serious ill-health lump sums - reporting through Real Time Information (RTI) Relief at source - annual returns...

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    Information and guidance

  • Business protection - Shareholder protection – Company buyback of own shares - Royal London for advisers

    , the requirements can be summarised as follows: The directors must make a statement in accordance with section 714, specifying the amount of the capital payment for the shares in question and stating that the payment can be made without prejudice to the company’s creditors. In particular, they must confirm...

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    Business

    Key Person Cover

    Loan protection

  • 2016 Budget Summary - Royal London for advisers

    . Annual allowance There were no changes announced to the annual allowance. This will remain at £40,000 for tax year 2016/17 with the introduction of the tapered annual allowance from 6 April 2016 for higher earners. The money purchase annual allowance also remains at £10,000. Lifetime allowance 2.55...

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    Information and guidance

  • Carry forward - Royal London for advisers

    Carry forward Carry forward allows unused annual allowance from pension input periods ending in the three previous tax years to be carried forward and added to the annual allowance for the current pension input period. Key facts The annual allowance has been £40,000 since the 2014/15 tax year...

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    Information and guidance

  • Money purchase annual allowance - Royal London for advisers

    An explanation of the money purchase annual allowance This article explains what the money purchase annual allowance is, what triggers it and the impact on defined benefit schemes. Key facts The money purchase annual allowance is currently £4,000. Prior to 6 April 2017 it was £10,000. What...

  • Spring Budget 2020 summary - Royal London for advisers

    Spring Budget 2020 summary Rishi Sunak delivered his first Budget on 11 March 2020 Our view The Chancellor’s decision to raise the threshold at which the tapered annual allowance kicks in is welcome but the pension tax system remains overly complex. In reality the Chancellor has missed the ideal...

  • Business protection – Companies – Tax implications - Royal London for advisers

    ...tax deductible where: The person covered is an employee The insurance is to meet a reduction in profits resulting from the loss of services of the key person It is annual or short term insurance Tax implications The key person On the basis that the company is the owner, and the key person is simply...

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    Business

    Key Person Cover

    Loan protection

  • Tapering of annual allowance for high incomes - Royal London for advisers

    Tapering of annual allowance for high incomes - adjusted and threshold incomes This reduces the annual allowance for people with an adjusted income over £150,000 and a threshold income over £110,000. Key facts The annual allowance is reduced for individuals who have ‘adjusted income’ over £150,000...

  • Could your clients fall into the taper trap? - Royal London for advisers

    Could your clients fall into the taper trap? Jim Grant 27 August 2018 Share Share Jim Grant looks at how the tapered annual allowance could affect your clients with higher incomes. Individuals with adjusted income over £150,000 in the tax year could have their annual allowance reduced. Employer...

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The Royal London Mutual Insurance Society Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. The firm is on the Financial Services Register, registration number 117672. It provides life assurance and pensions. Registered in England and Wales number 99064. Registered office: 55 Gracechurch Street, London, EC3V 0RL.