Pensions

The government says 12 million people and small businesses will benefit from the change. Those with complex affairs will update their details online. The new system is due to start being rolled...

Experts are warning that increasing numbers of workers and senior executives will face having to disengage from pensions to avoid significant tax charges, now that DC pensions are limited to £27,00 a...

The Treasury is also consulting on what guidance or advice would be needed to ensure the proposals do not lead to significant consumer detriment. The consultation paper asks whether occupational pension annuities,...

Chancellor says the LTA will be index-linked from 2018. He rejected calls for a reduction in the annual allowance to fund a reduction in university tuition fees, as proposed by Labour, arguing...

Called Smart Pension, the master trust proposition has no up front fees or ongoing charges for employers, and promises a set-up process that takes minutes.  The proposition, which owns the URL www.autoenrolment.co.uk,...

Dr Ros Altmann, the government’s business champion for older persons, says the move, if confirmed, would be bad for pensions as it would penalise individuals whose investments performed well. Figures fromRetireeasy.co.uk show...

Global mobility of employees is on the rise too, with nearly 57 million expats predicted by 20172. This presents multiple challenges to delivering a successful employee benefits strategy. We understand this pace...

The Sun today published a story under the headline ‘Osborne to make unexpected raid on high-earners’ pension pots in Budget’ that says the Treasury is planning a 20 per cent cut in...

Reports indicate that the chancellor intends to allow pensioners (money purchase schemes only) the option of cashing in their pension annuity income in exchange for a lump sum from April 2016. This...

The government confirmed yesterday that it will launch a consultation on Wednesday, the day of the Budget, on the measures that are needed to establish a market to sell and buy annuities....