Rumours that the chancellor will look to reduce higher rate tax relief on pensions, to help make cost savings in a post Covid environment, have surfaced again. There has been speculation that...
The scale of pension fraud appears to be far in excess of figures reported to Action Fraud. A report published by The Police Federation highlights the scale of the problem, saying this...
The government should legislate to give pension companies and regulators greater powers to help prevent fraud and protect savers. This should include the ability to stop transfers they believe are fraudulent, even...
Learning from other countries’ pension reforms is difficult to do as the political and economic context from which such systems emerge are often very different. This means that it is not usually...
Insurers have given a cautious welcome to calls to simplify pensions tax relief but have warned a “pensions Isa” could undermine the success of auto-enrolment. Yesterday the ABI called for the government...
Reports of the death of pensions tax relief have, like Mark Twain nearly wrote, been much exaggerated. I’m more guilty than most, given I’ve written a lot of those reports, inevitably on...
The increase in the minimum wage — now called the National Living Wage — announced in today’s Budget, should see more money heading into auto-enrolment pension funds. Chancellor, Rishi Sunak, confirmed that...
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...
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...
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...
