Treasury consults on net pay anomaly
The Government has launched a consultation into the net pay anomaly, following a critical report by the Public Affairs Committee earlier this week on pensions tax relief administration. As part of this...
The Government has launched a consultation into the net pay anomaly, following a critical report by the Public Affairs Committee earlier this week on pensions tax relief administration. As part of this...
The Pension Schemes Bill has been approved in the House of Lords and will be taken through the House of Commons later this year. There are a number of proposals in this...
The Public Accounts Committee has called for a review of pension tax relief, to ensure it is effective and providing value for money. This is part of a wider review into tax...
Mattioli Woods has helped clients recover almost £10m of funds that had been lost to Stadia Trustees. The wealth manager and employee benefits adviser had been working with the Financial Services Compensation...
The Pensions Regulator issued employers with fines of £23.1m in the last financial year for non-compliance with auto-enrolment duties, with one employer fined £350,000. In the year ended 31 March 2020, a...
The number of people retiring before age 65 has increased by more than 55,000 in the last four months, suggesting Covid-19 may be driving a rise in early retirement. Figures from the...
The time taken to transfer pensions during the coronavirus lockdown only increased marginally, despite the significant disruption to usual business operations. Data collated by Origo show that during the second quarter of...
More than a third of FTSE250 companies will offer master trusts as their main pension vehicle within the next two years, according to a new report. Willis Towers Watson's annual DC pension...
Australian asset manager, Macquarie Investment Management, is launching into the UK workplace pensions market with its fee-free True Index strategy. This strategy has been available to Australian DC schemes for 20 years....
Phoenix Group has launched a range of in-scheme drawdown options on its DC master trust, which follow the Government's proposed investment pathways. These options — which will be available for clients of...