Pensions

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 majority of advisers are concerned that ‘virtual’ meetings and a lack of face-to-face contact is becoming a barrier to developing new client relationships.  The use of video conferencing has surged since...

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...

Pension savers in defined benefit schemes could lose up to 20 per cent of their income, if government reforms to the way inflation is calculated go ahead.  This stark warning comes from...

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...

Howden Broking Group has bought a 60 per cent stake in Spanish flex provider Compensa, expanding its footprint in both Spain and Mexico. The business is also known as a specialist in...

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...