Moving to a flat rate of pensions tax relief would not significantly improve the retirement incomes of lower earners according to a new report from the Pensions and Lifetime Savings Association. This...
SPONSORED CONTENT Pensions are a terrific employee benefit provided by employers – but not all staff have fully grasped their worth or necessarily made the link as to why they personally need...
The Government recently unveiled plans to crack down on pension scams by proposing a change to the definition of a statutory transfer. We all understand that members have the right to transfer...
The number of people affected by both the annual and lifetime limits on pension has increased again, according to latest HMRC data, fuelling calls for simplification of these restrictions. LCP partner and...
Treasury officials are looking at changes to pension allowances and tax reliefs in November Budget as a means of raising funds to help pay the Covid bill. According to reports in the...
The challenges for retirees have seldom been greater. Unlike the days when purchasing an annuity was commonplace for defined contribution (DC) savers, and many could rely on a defined benefit (DB) pension for...
The cost of supporting the economy through the coronavirus pandemic is expected to cost the government £280 billion this year. Set against this, the estimated £2.5 billion a year, £17 billion in...
One in four people would increase pension contributions if they understood tax relief better, according to new research. The survey by Royal London found that a significant proportion of people do not...
The Pensions Policy Institute (PPI) will develop a UK-wide pension framework, designed to support future policy analysis and decision making. This framework will track trends across the UK pensions sector and examine...
The Chancellor has confirmed that the pension lifetime allowance (LTA) will stay at its current level of £1.073m until 2026. This announcement came, as Rishi Sunak confirmed that a number of tax...
