This site is free to view, but first you must either:
If you have already registered for the site please enter your details below and click the 'Login' button.
If you DO NOT have a login for the site you need to register. Please click the 'Register here' button below.
3. RESET PASSWORD
If you have registered but have forgotten your password, please enter your email address in the field below and click the 'Password reset' button.
Once you have registered you will be able to change your personal profile to change the way Insight Out presents content to you. This will allow you to select the areas of accountancy you are most interested in. To change your content preferences click "Profile" in the top menu.
The ‘revolution’ started at the end of the 1980s with the introduction of personal pensions as part of a wider liberalisation of financial services. Personal pensions were part of a government push to extend pension choice and encourage those people not in company schemes, or who didn’t have the choice of a company scheme to build up a retirement fund.
The next phase of the UK's pensions revolution is well underway with the count down to auto-enrolment. But it’s not the first time we’ve been down this road. So how does this latest revolution differ and can we learn from mistakes of the past?
The charity sector has welcomed the government’s U-turn on placing a cap on charity donations. Paul Gibson, National Charity Specialist at Mazars said the exemption was a victory for common sense, but concerns remain over lack of clarification on community investment tax relief.
A round up of relevant news affecting the business sector, including a survey revealing the digital impact on the publishing industry, an action plan to remove barriers to entrepreneurship, and a report on the future stars of the UK economy.
The first stage of auto-enrolment occurs this autumn and yet the Department of Work and Pensions reports that two-thirds of people are still unaware the scheme is coming into their lives. As the new kid on the block in terms of pension choice, Tim Jones, CEO of the National Employment Savings Trust (NEST), tells Insight Out how NEST is fitting in and what needs to be done to get people more actively engaged with pensions.
What are your pension plans? Hannah Beecham knocks on the door of the National Employment Savings Trust (NEST) to ask CEO Tim Jones how the new scheme plans to play its part in getting people on the right path to achieve their retirement plans.
Trustees are frequently overwhelmed with the burden of keeping abreast of legal and regulatory reform and changes. This crucial role has a particular duty of care to safeguard the future financial well-being of its members that is dependent upon diligence and vigilance to secure a good outcome. And with the onus on trustees to find all the necessary guidance and information themselves, steering a true course is vital.
Pension reform is reshaping the entire way in which we manage our future retirement income. So what’s out there to help trustees safeguard the finances of tomorrow’s pensioners? Hannah Beecham reports.
In the last issue of Insight Out we featured an interview with Otto Thoresen, Director-General of the Association of British Insurers (ABI). Mr Thoresen called for the industry to make a greater effort to clarify and explain what can be a highly complex, but increasingly important area of financial planning — pensions.
The pensions industry is well known for its use of confusing acronyms and concepts. But as pension reforms begin to kick in, knowing your SIPP from your SSAS will become increasingly important.
Most businesses will have already set up plans to deal with the knock-on effects of the Olympic Games, whether it’s coping with disruption to delivery schedules or expected staff absences. So with just over a month left to the start of the Games and visitors already starting to arrive, we’ve come up with a last minute business survival guide.
Is your business geared up for the world’s largest event? Here’s our last minute quick fix to managing ‘business as usual’ over the Olympic summer.
The Fine Wine Investment Fund is run by a team of experts in both risk management and investment grade wines. Director Andrew della Casa took Insight Out on a tour to show us how these liquid assets are bought, held and sold for his fund’s investors. From a trip to a UK government bonded warehouse to a live auction at Christie's, we discover how some wines are more valuable than others and how risk is managed. We also learn how its lack of correlation with equity returns means fine wines can be a useful asset allocation strategy to diversify a portfolio.
Fancy laying down something alternative for the future? Hannah Beecham finds out how investing in fine wines can offer an alternative investment strategy.
At a time of unprecedented funding cuts, it’s no surprise that local authorities have welcomed the 40% audit fee reductions announced by the Audit Commission following the outsourcing of its in-house work and ongoing reductions in its central costs. Many also look forward to being able to appoint their external auditor in five years time, subject to the legislation announced in the Queen’s Speech.
Big fee reductions have already been announced since the government revealed intentions to allow local bodies to appoint external auditors. But how can public bodies make the most of this new freedom?
There is a problem with the average level of pensions knowledge that a typical employee possesses. Many are not aware of the pension options available to them and even those who are aware do not always understand what their contributions are buying. With the onset of auto-enrolment, it's a problem that needs to be addressed if companies are to successfully engender a savings culture among their workforce.
How much is enough when it comes to pensions knowledge? With companies under pressure to help employees understand their retirement choices knowing the basics is essential.
Through its Britain Open for Business initiative, the UK Trade & Investment (UKTI) will adopt a more entrepreneurial approach to boost growth by providing practical support for exporters and inward investors over the next five years. The measures back up last year’s Trade and Investment White Paper, which outlined plans to shift more government support towards fast-growing emerging markets, as well as improve the export performance of small and medium-sized firms.
Despite its growth potential, only 23% of small businesses export products and services. We talk to Nick Baird, Director-General of UK Trade & Investment (UKTI) on plans to provide more practical support.
Entrepreneurs’ Relief (ER) is a valuable tax planning tool for individuals selling shares in companies or unincorporated businesses. With capital gains taxed at only 10% on lifetime gains up to £10m, compared with the normal capital gains tax rate for higher and additional rate taxpayers of 28%, it means ER is worth up to £1.8m per individual.
The removal of the 5% Entrepreneurs’ Relief (ER) requirement has improved the tax efficiency of Enterprise Management Incentive (EMI) schemes. But a little alchemy can boost scheme appeal further.
With a population of just under 200 million people, Brazil offers considerable investment opportunities for UK companies in a wide range of sectors including energy security, sports infrastructure, green growth, defence as well as science and education. Last year Brazil overtook the UK to become the sixth largest economy in the world and it is increasingly becoming an active geopolitical player.
Ann McKechin, MP Glasgow North, gives a personal account to Insight Out readers on the opportunities for UK companies in Brazil, following a recent visit as part of a new inquiry into export trade.
So what are the potential problems that employers involved in pension provision should be looking out for? In the February 2012 issue of Insight Out we revealed the first five of our top 10 hidden pension bombshells, in this quick webinar guide we reveal the final five that you can’t afford to miss.
There are a number of potential pitfalls that employers and trustees face when providing pension benefits in today’s economic climate. Margaret de Valois, Director, Global Pensions and Investment Advisory at Mazars, explains.
As a Global Ambassador for Smaller Earth’s Your Big Year project and supported by Mazars, we begin to plot Charles Batte’s journey that will see him experiencing first hand how social entrepreneurship can make a difference in conservation, education and the local community.
As the Your Big Year 2012 winner, Charles Batte, 24, from Uganda, starts his journey around the world, we look at some of the social entrepreneurship projects he will be visiting. Hannah Uttley reports.
Corporate Britain knows only too well how vital skills, expertise and sector know-how are to its own survival and growth. Yet certain sectors are left high and dry when it comes to finding recruits that have the right skills to improve much needed productivity and stop the UK from falling further down the global rankings. The answer for some is to change the system so that employers have more power and influence in education and training.
Remaining competitive globally requires the right skills to drive enterprise and growth. But with UK skills levels failing to keep up with other leading nations, is enough being done to stop the decline?
The “patent box” legislation is in line with the government's stated aim of creating the most competitive corporate tax regime in the G20 to support and sustain private sector growth. The government hopes to contribute to this by creating an incentive for companies to innovate and commercialise their existing patents as well as develop new patented products. Our 3 minute masterclass runs through the main points you need to know in order to qualify.
The introduction of a new “patent box” regime in April 2013 gives ample scope for reducing corporation tax, but certain conditions need to be met to qualify.
A list of the forthcoming Mazars seminars taking place over June and July across the UK. Including a seminar on the future of banking, tips on maximising your offshore commitments and advice on creating an effective remuneration plan.
Find out all you need to know on Mazars’ upcoming events and seminars including why you should attend and how to register for a place.
Insight Out is designed to deliver insightful reports on accountancy issues that cover all elements of business that may be relevant to our clients in companies large or small. It will work alongside the Business Club, launching later this year, where members will gain access to more detailed reports, seminars and events.
Insight Out is a digital magazine published by Mazars LLP ten times a year to keep you up to speed with the key issues, challenges and opportunities facing business today.