HMRC refunds £57m on overtaxed pension withdrawals
Savers reclaimed £57 million in overtaxation on pension withdrawals in the second quarter of this year. Many people accessing their pension for the first time continue to charged too much tax on...
Savers reclaimed £57 million in overtaxation on pension withdrawals in the second quarter of this year. Many people accessing their pension for the first time continue to charged too much tax on...
The Financial Conduct Authority has launched a ‘call for input’ on its own rules, with the aim of simplifying the current raft of regulations, reducing costs and paperwork for firms, and helping support...
James Shattock, Managing Director, Legal & General Retail looks at the benefits of pooled risk and offering employee benefits that include people with a pre-existing condition or medical history. Employers are tasked...
Smart Pension is calling for ministers to prioritise expanding auto enrolment and to speed up the implementation of the pensions dashboard as they look to reform the UK pensions system. These demands...
The industry has welcomed the speed at which the government’s pensions review is being implemented, saying its two-stage approach should lead to faster industry reforms. The pensions minister Emma Reynolds is expected...
A new pension schemes bill has unexpectedly been included in today’s King’s Speech, which opens the new session of Parliament. This speech sets out the legislative agenda of the new Labour government....
The Labour Party is understood to have ditched plans to reintroduce the lifetime allowance (LTA) on pensions. This earlier pledge will not appear in the party’s election manifesto, according to report in...
The Pensions Scams Industry Group (PSIG) has launched an industry-wide consultation to determine the future of the organisation. It is seeking views from trustees, advisers, administrators, and those working across the pensions...
Corporate Adviser · Episode 4: Opponents To Pot For Life Lifetime Provider Many in the pension world have questioned the urgency of reform of small pots and most definitely there are misgivings...
Learning from the pension systems of other countries makes sense. But we cannot always ‘cut and paste’ policies between countries which may have a totally different pensions history, different labour market conditions,...