A handful of savers have reclaimed more than £100,000 in tax, wrongly charged on pension withdrawals according to figures from HMRC. The data on the size of these overpayments was supplied via...
The workplace pensions market has now had a month to fully digest the implications of the Mansion House Accord. The Accord doubles the targeted private markets allocation compared with the Mansion House...
The Society of Pension Professional has called for the Pensions Commission to set out a clear timetable for increasing auto-enrolment contributions to give certainty to both employers and employees. Alongside this framework,...
The government’s decision to revive the Pensions Commission is welcome, but a better idea would have been to introduce a financial resilience review that examines the entirety of the financial challenges that...
The Government has revived the ‘landmark’ Pensions Commission — the body responsible for creating auto-enrolment for pensions in the workplace. This relaunched commission will address issues of retirement adequacy. Advisers are positive...
In the last year £81.5m was paid out to more than 2,000 members across 58 pension schemes who were defrauded by scammers. The figures were released by The Pensions Regulator (TPR), the...
The FCA has raised concerns about incentives paid to consumers to transfer or consolidate pensions, as part of its multi-firm review of the pension transfer process. This review primarily looked at speed...
The Pension Schemes Bill will herald a new era for at retirement solutions for workplace schemes. Trustees will be required to offer default ‘pension benefit solutions’ to members possibly as soon as...
Rachel Reeves’ growth-at-all-costs juggernaut rumbles on and now it’s the turn of the Pensions Regulator to jump – or rather, be forced – onto the bandwagon. In a speech called “Pension regulation...
With the right approach from trustees, Collective Defined Contribution has the potential to address long standing challenges around adequacy and sustainability in retirement provision, significantly improving member outcomes. CDC is an exciting prospect,...
