intelligence PROFESSIONAL EXPERTISE
Marjha joins family law team at Irwin Mitchell
Leading national law firm Irwin Mitchell Private Wealth has boosted the ranks of its Bristol family law team with the appointment of Marjha Golding- Evans (pictured). Marjha, who qualified in 2010 and joins the firm as
an associate, was previously head of the family team at Bristol-based legacy firm Burroughs Day. As an experienced solicitor, Marjha undertakes a wide range of family and divorce law matters, including high-net- worth matrimonial finance matters and contested divorces. Her experience in financial matters includes business interests, complex trusts, multi-property multi-million pound disputes. Marjha’s background in care work also gives her a unique foundation in cases involving children, including international relocation disputes, contested Children Act matters and international child abduction issues. She is a member of Resolution and is currently undertaking specialised accreditation for complex matrimonial finance work. Marjha joins a highly regarded team headed by
partner Nicola Walker, who has a major presence in the London and West Midlands markets. The Bristol team is ranked in leading independent legal directories and the Legal 500. The national family law team has
also seen growth, with Sarah Balfour in Birmingham being made partner and Kathryn Evans, Carmel Brown and Jenna Lucas in London being promoted to senior associate. Ms Walker, partner and
‘Marjha’s
experience will allow us to
head of the Bristol’s family law team at Irwin Mitchell Private Wealth, said: “Marjha’s experience will allow us to service the south west region and our clients even more effectively, as well as strengthen the wider national family law team.”
service the south west region’
LEGAL & FINANCIAL
Will automatic increases to pension contributions increase employee opt out rates?
One of the biggest changes that has come into force this tax year was the increase in minimum pension contribution rates for automatic enrolment. Rising from 2% to 5%, with the employee contributing 3% of this, all those enrolled who pay the minimum rate will have noticed an impact on their monthly outgoings.
Stuart Price, Partner and Actuary at Bristol-based pension experts Quantum Advisory, says: “Even though minimum pension contribution rates have increased, the effect on take-home pay will be less noticeable as the personal tax allowance and National Insurance (NI) primary threshold have increased. The annual personal tax allowance went up from £11,500 to £11,850, while the weekly NI primary threshold is now £162, up from £157.
Dominic Ring of Ashfords and Jemma Honey, chief executive of Bambinos
Childcare provider sold to education firm
Stuart Price
“Taking all this into account, will we see more people opting out? It seems not. According to a recent survey from Now Pensions, even with the increase in employee contribution rates, around 85% of employees said they would remain in their auto enrolment pension scheme – a figure I’m sure the government will be satisfied with.
“However, will the same be true when the minimum contribution rates increase again from April 2019 with contributions rising to 8%, with the employee contributing 5% of this?”
Quantum Advisory provides pension and employee benefits services to employers, scheme trustees and members from offices in Bristol, Cardiff, Amersham, Birmingham and London.
For more information, please visit:
www.quantumadvisory.co.uk/about-us/
30 insight JULY/AUGUST 2018
Leading law firm Ashfords LLP has successfully overseen the sale of a Plymouth-based childcare provider to a Chinese education company. JiaYi Education has bought Bambinos Childcare Centres in a multi-million pound deal, which is thought to be the first of its kind in the UK. Bambinos has four childcare
centres in the Plymouth area which employ 78 staff, all of whose jobs will be unaffected by the deal. JiaYi, who run several schools in China, specialise in educational research, children’s learning and mathematics tuition. The deal makes JiaYi the first Chinese investor to buy a childcare provider in the UK.
Ashfords advised the family-run
business on the sale of their shares and in relation to intellectual property, tax, property, employment and regulatory matters. Associate Dominic Ring, who
lead the deal, said: “This was a great opportunity for Ashfords to represent a family-run business in this historic deal.” Jemma Honey, the new chief executive of Bambinos Ltd, said: “The potential for Bambinos as a company is fantastic and opportunities for staff are going to be wonderful. We are planning a trip for staff in September to China to learn more about nursery provision in China and bring those skills back to Plymouth.”
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