Fewer pension savers breach lifetime limits
The number of savers breaching their lifetime allowances appears to have fallen over the past year according to the latest HMRC data. In response to a freedom of information request, HMRC revelled...
The number of savers breaching their lifetime allowances appears to have fallen over the past year according to the latest HMRC data. In response to a freedom of information request, HMRC revelled...
The Pensions Regulator will publish its new code later this year, but trustees should be taking steps now to plan how they will comply with this new code. Trustees need to ensure...
HMRC has paid back more than £900m in overpaid tax to savers who have made ‘flexible’ withdrawals from their pensions under Pension Freedom rules. Figures published today help show the total amount...
The Financial Conduct Authority has publicly backed plans to 'chain-link' default fund performance when compiling industry wide comparison figures. Speaking at the Corporate Adviser Master Trust and GPP Conference John Reynolds from...
Pension firms have been given a deadline of August 2023 to have data ready for the launch of pensions dashboards. The majority of firms will need to supply member data to the...
The Pensions Regulator has published its consolidated enforcement policy, alongside a new enforcement strategy. This policy includes new powers given to the regulator under the Pensions Schemes Act 2021 and replaces three...
Pension firms and asset managers could face restrictions on how they use terms like “green”, “sustainable” or “ESG” when naming and marketing funds and investments under new FCA rules, designed to a...
The influential Work and Pensions Select Committee will conduct an inquiry into the use of ‘liability driven investments' (LDIs) in the pension market. It says it wants to understand what lessons can...
Broadstone has become the latest pension consultancy firm to express concern about the new DB funding code, being proposed by the Department of Work & Pensions. In response to the DWP consultation,...
The Advertising Standards Authority has banned a series of HSBC advertisements, saying they made “misleading” environmental claims. This is the first time the regulator has ruled against a bank for misrepresenting its...