News & Blog

The latest press releases and opinion from Bishop Fleming

IFA acquisitions – are you ready for your new clients?

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We have continued to see a good level of activity in the M&A market for investment advisory firms for both share and asset / client book deals. Whilst the immediate economic benefits of such a…

Grandparents missing out on adult childcare credits

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Grandparents and other family members who take time off work to look after grandchildren under 12 can claim Specified Adult Childcare Credits that count towards their state pension. A recent report reveals that due to…

How do I stop credit card companies chasing me?

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If you have been struggling with credit card debt for a while, it is important to consider the possibility that a debt collector could become involved. It is their job to follow up and settle…

Probate: reducing costs and the stress

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In a year where we have said goodbye to many departed musicians, actors and entertainers, the difficult issues of not having a will (intestacy) and dealing with probate have been highlighted numerous times. Bishop Fleming’s…

Workplace pensions – phasing of contributions

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The Pensions Regulator has announced the phasing in of increased contributions for Workplace Pensions starting from April 2018. Regulations amending the dates on which the minimum pension contributions increase were recently passed by Parliament, so Phase 2…

Tax avoidance measures raise £3 billion

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HM Revenue and Customs (HMRC) has collected £3bn from Advance Payment Notices (APNs), the mechanism by which taxpayers who have used a tax planning scheme with which HMRC has an issue have to pay the…

Advisers help drive success of automatic enrolment

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As workplace pensions continue to roll out across the UK, new research by the Pensions Regulator appears to show that the majority of small employers are feeling more confident with auto enrolment, having spoken to…

Gender debt gap revealed

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A new report reveals that men and women become bankrupt for different reasons, demonstrating a gender gap on debt. The most common causes of bankruptcy among men are job loss or business failure, whilst for…

Auto enrolment for small employers

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The Pensions Regulator is reminding employers that even if they only have one member of staff, who is employed on a temporary basis, who earns less than the qualifying threshold of £10,000, and who doesn’t…

Pensions Lifetime Allowance – don’t get caught out!

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The Lifetime Allowance for pension savings was reduced to £1m from 6 April 2016. For higher earners or those with significant pension accrual, this may result in a considerable one-off tax charge when pensions commence. Transitional protection…