Insurers have criticised government plans to address the problems with the taxation of NHS pensions, as a temporary ‘Elastoplast’, which fails to tackle underlying complexities within the pension system. There has been...
Pensioners barred from inflation protection worth more than £20,000 under the new state pension have won a victory over the Government after the Parliamentary Ombudsman found it guilty of maladministration. The Parliamentary...
2019 has been a very busy year for Broadstone, with four acquisitions so far. Will we see as many deals next year? It is a bit like London buses. We didn’t expect...
The Pensions and Lifetime Savings Association (PLSA) has called for the next government to target increased contributions into workplace pension to improve retirement outcomes. It says it wants to see all parties...
There have been further calls for a simplification of current pension tax rules, after a survey revealed almost seven out of 10 surgeons have cut their hours to avoid being hit with...
The planned ban on contingent charging for pension transfers is due to come into force early next year yet the FCA has other significant measures up its regulatory sleeve. Six months after the...
A Pensions Schemes Bill has been included in the Queen’s Speech today, which lays out the legislative plans for the forthcoming parliamentary session. This bill includes legislation to enable the pensions dashboard...
The Association of Consulting Actuaries (ACA) has renewed calls for the forthcoming pension bill to enable a rise to AE contributions, DB pensions to be simplified and for legislation to be included...
Delegates at the Corporate Adviser summit were warned that the FCA could conduct a widespread pensions mis-selling review, unless there are significant improvements to the advice given on DB transfers. This stark...
The tapered annual allowance pension rules are a classic example of bad policy design. The rules are far too complicated, impossible to predict properly and have damaging side-effects which undermine the aims...
