HealthCareNiche Joins the Internet — A New Health Care Resource Site Launches, Which Allows Easy Access to Information and News on Health Care
Hudson, NH (PRWEB) November 15, 2005
Recently HealthCareNiche launched its new website, http://www.HealthCareNiche.com which features services for accessing numerous resources and news about health care via the internet.
http://www.HealthCareNiche.com is the premier site for accessing resources for health care. It includes news and information on health care and health care-related products and services.
Health care has become a major concern for most. Whether you are confused about terms, what coverage you need, benefits, deductibles or affordability HealthCareNiche has the resources to assist you in your search. There is access to free quotes and pricing, affordable health care providers and policies, and answers to frequently asked questions. Searching online with HealthCareNiche will assist in the search for all your health care needs and inquiries.
http://www.HealthCareNiche.com offers many news articles, resources and information for health care and health care-related products and services.
http://www.HealthCareNiche.com goal is to offer fast and easy access to all types of health care and health care-related products and services on the internet.
About HealthCareNiche: HealthCareNiche promotes fast and easy references and resources for all types’ health care and health care-related products and services. HealthCareNiche can be contacted through its website at http://www.HealthCareNiche.com
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Categories: Social Security News Tags: Access, Allows, Care, Easy, Health, HealthCareNiche, Information, Internet, Joins, Launches, news, Resource, Site
Categories: Social Security News Tags: Auctions, Latest, Medicaid, news
UK Government News Proposes to Force 3% Pension Contribution on Small Business Whilst UK Banks Reap Record Profits
(PRWEB) July 7, 2006
As the pension crisis is developing in UK, alarming proposals are headlining in UK press. The headline causing public outcry has suggested increasing pensionable age to 68. The new proposal has been welcomed by some spectators, but appears harsh in the light of record profits earned by banks in 2005.
The new proposal to introduce a compulsary 3% contribution on employers, including small businesses, made headline news in the FSB June/July newsletter. It appears even more unreasonable when it is publically recognised that some very small businesses may be forced to cut down on staff or even shut their doors. It may increase barriers to entry in many markets, strengthening the competitive position of established businesses and making life harder for new entrepreneurs.
The top rate of corporation tax is still 30% at profits of £1.5m, lower than the top rate of personal income tax at 40% at income of £33,300 per annum.
Employers’ National Insurance contributions are slightly higher at 12.8% than 11% contributed by salaried employees, but this rate is charged on the total income of employees, whilst businesses receive a tax deductible expense for their contribution, taking relief from reduced wage increases and corporation tax bills.
Employees are hard hit by the current tax regime, and first time buyers are having a difficult time getting on the property ladder.
In stark comparison, HSBC reported awards for record pre-tax profits of £11.5bn in 2005. The combined pension deficit of FTSE 100 companies was in the region of £37bn in mid 2005, around £0.37bn on average per company. A £0.37bn contribution from HSBC to the pension deficit would hardly be felt.
It is interesting that no new proposals have been raised to increase the rate of tax on ‘super-profits’ that could directly be applied to reduce the pensions deficit. A top tax rate at profit levels of £1.5m appears absurd in the face of profits of £11.5bn which have been achieved.
They can ‘adjust prices, offer lower wage increases and absorb costs through profits’, quoting the response from the DWP spokesperson to a statement by Sir Digby that £500m would be needed to help small businesses meet the cost of the proposed compulsary contribution of 3%. Small change for HSBC.
Investing in UK pension plans appears to be on par with the safety net provided by sports betting in the present climate.
The free online audit and accounting service website www.easybooks.741.com has published an article in July 2006 to assist individuals with total retirement planning, which can be viewed at www.easybooks.741.com/pension.html.
The guide takes a look at the pension market, exploring possible reasons for pension deficit. It proposes solutions to grow capital that individuals can add to occupational pension payouts to reduce pension shortfalls. New guidance on managing debt via refinance has been published at www.easybooks.741.com/debtindex.html to supplement guidance on increasing wealth to plan for retirement.
In the light of government attitude that employees in business are responsible for the pension crisis when they do not take part in business profit sharing, it seems the only option is for individuals to take full responsibility for their own pension planning.
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Categories: Pension Service Tags: Banks, Business, Contribution, Force, Government, news, Pension, Profits, Proposes, Reap, Record, Small, Whilst
2 November Pension Credit Boost spells good news for retired population
2 November Pension Credit Boost spells good news for retired population
From 2 November 2009, the first £10,000 worth of savings will be ignored when assessing for Pension Credit entitlement.
The increase sees the level raised for the first time since it was set at £6,000 in 2003 and, claims the Government, this will lead to just under half a million pensioners enjoying an extra £8 a week; some 20,000 people will become eligible to Pension Credit and Council Tax Benefit where they weren’t before; and 90% of those entitled to Pension Credit will have all their savings ignored because they now fall below the new higher limit.
More good news comes thanks to the increase also having an effect on housing benefit and council tax benefit for pensioners.
Benefits not being claimed: “A Worrying Issue”
Pension Credits have been criticised for not being automatic which has lead to many older people missing out on their entitlement. Help the Aged and Age Concern say one in three pensioners are not claiming their entitlement.
Geoff Charles, Managing Director of Bower Retirement Services, has previously commented on this subject, saying: “In one of the areas covered by my company – Barking and Dagenham – it is reckoned that around 3,000 retired people could be missing out on the benefits to which they are entitled. This is a worrying issue and something we come across regularly whilst conducting a means tested benefits analysis as part of our comprehensive advisory service.”
New Pension Credit Limit: “Excellent News for Homeowners Looking to Release Cash locked in Property”
Bower Retirement Services specialises in providing independent financial advice to retired homeowners considering their options for a better standard of living in retirement. The company’s expertise lies with equity release and, says Geoff Charles, the raised Pension Credit limited spells excellent news for homeowners looking to release cash from their properties whilst staying within the limit for means tested benefits.
He says: “The changes to the limit for Pension Credit are good news and I welcome them, but the fact remains there is still an overwhelming number of retired homeowners in need of an income boost, whether that’s to make the most of their retirement with more to spend on holidays and leisure, to help their families, or to make improvements to their properties. Releasing cash via a lifetime mortgage has changed the lives of so many pensioners for the better, and now they can release even more cash and still stay within the benefits limits, it means the retired population is facing an even brighter financial future.”
Geoff Charles is the Managing Director of Bower Retirement Services, an Essex-based FSA regulated independent financial advice company that offers specialist advice on equity release throughout the south of England and free on-going, lifelong customer support. For more information visit http://www.brsequity.co.uk, telephone 01277 262724 or e-mail info@brsequity.co.uk.
Categories: Pension Credit Tags: Boost, Credit, good, news, November, Pension, population, retired, spells