Budget 2020: Pension taper allowance raised
The Chancellor confirmed in today’s budget that he is raising the pension taper threshold to £200,000. It has previously been suggested that this threshold would be raised in order to ensure doctors...
The Chancellor confirmed in today’s budget that he is raising the pension taper threshold to £200,000. It has previously been suggested that this threshold would be raised in order to ensure doctors...
Next week’s Budget will change the pension tax rules, according to reports, to ensure doctors — and other higher-paid public sectors workers — aren’t hit with tax bills for overtime. The Financial Times...
Hard-pressed staff having to make complicated decisions, fears of a mass exodus of senior workers, and a government scrambling to react. No, I’m not talking about the NHS taper debacle – which...
The Pensions Regulator has published a consultation on its proposals to revise the defined benefit funding code. The first stage of this consultation is seeking views on both the new 'twin track'...
Pension deficits among FTSE350 companies have increased significantly over the past month, due to market volatility. Mercer's latest Pensions Risk Survey shows the accounting deficit of the DB schemes from the 350...
The Society of Pension Professionals has appointed Fred Emden as its first chief executive. The SPP is a trade body, representing companies that advise and provide services to work-based pension schemes and...
KPMG has spun off its pensions advisory practice, which is now being launched as an independent consultancy, known as Isio. The division was bought out by Isio partners with backing from Exponent...
It is now five years since the introduction of pension freedom rules, but there is still widespread confusion about retirement options, particularly among the 50-plus age group. One in four savers (26...
The new chancellor Rishi Sunak, has dropped plans to reduce higher rate tax relief on pensions, according to reports this weekend. Briefings suggest this change of plan comes after fierce opposition by...
Advisers have called on the government to provide urgent clarification on equalising guaranteed minimum pensions in order to address concerns by trustees and sponsoring companies. HMRC has recently published guidance about this...