The confirmed latest Australian inflation figures have led to an increase to the superannuation contribution caps from 1 July 2024. The concessional contribution cap (amount paid in primarily by employers) will increase from $27,500 to $30,000 p.a. and the non-concessional contribution cap (amount paid in primarily...
The Chancellor's Spring Budget announcement today (March 15 2023) focused on investment and growth, bringing good news for businesses and investors. The budget has implications for UK pensions and taxes, and for now, the country is avoiding a technical recession, with inflation expected to fall...
PX has joined the Financial Vulnerability Taskforce, an initiative organised by the Personal Finance Society to promote greater understanding of clients in vulnerable circumstances. The Taskforce has been established to not only support our profession in recognising and addressing the various forms of consumer vulnerability, but...
We're pleased to announce that PX Pension Exchange has been appointed by SimplyBiz to its defined benefit (DB) pension transfer referral bureau panel. SimplyBiz, part of Fintel, supports financial and legal advisors with products – but also through advice when they need it from businesses like...
As we complete our first 20 years, we thought we'd look at the landmark events in our business – the stepping stones to where we are now. Our clients may find the history interesting, and a handful have been with us since the very start! December...
“If I go there will be trouble, If I stay it will be double….” One of our Pension Transfer Specialists, Michael Hall, looks at DB pension transfers – and whether it's the right time to transfer out. A 'Clash' of opinions over DB pension transfers Every now and then...
When you retire as an employee you may be a member of a Defined Benefit (DB) pension scheme. Also known as a ‘final salary pension scheme’, it promises an income payout when you retire based on your earnings. This article looks at a defined benefit...
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