Continuing our series on pensions, one area still causing confusion is that of contracting out of the second state pension (S2P) resulting in a rebate of some of your own and your employers’ national insurance contributions into your own personal or stakeholder pension scheme.

It has been suggested to people who have opted out of the S2P that they should opt back in without delay, unless the government decide to increase the incentives. Insurance company AXA have said that those people who have opted out will in turn end up with a seventh less retirement income.

To read more on the subject of opting out (and opting back in) please click on the following link: http://news.bbc.co.uk

Making your business less dependent on you

With the school holidays here and many a family holiday about to start,  Bibby Financial services conducted a survey and have concluded that 37% of owner-managers spend their holiday fretting about their businesses back home when they should be enjoying their well earned break?

If you are one of those affected, then there is help available. The improve and grow session “making your business less dependant on you” is designed to identify the changes required to the systems and organisation of your business so that it runs far more smoothly when you are not there.

For details of this particular session please contact your client manager or email Cheryl@stephen-hill.co.uk

Networking Events

Staff from stephen-hill A4G now attend 2 networking events in our local area. Networking events are excellent opportunities to meet other local businesses and generate new business from the contacts you make.

Both the events have regular opportunities to take guests along. If you would like to attend one of the networking events in the next few months, please email Cheryl@stephen-hill.co.uk

Quote of the week

"Don't just let your business or your job make something for you, let it make something of you."

Jim Rohn