The use of asset-backed contributions to fund schemes will double over the next three years after HM Revenue and Customs clarified its stance on the arrangements, says Deloitte.
The firm said the practice was becoming more common with more than 20 asset-backed structures with an aggregate of value of £3bn reported since 2010. Legislation set out in the Finance Act 2012 tightened...
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Nearly a million savers could be paying more tax on their pension than required, simply because they have been given the wrong tax code, Royal London has claimed.
The Conservative Party is considering retaining the triple lock protection for the state pension, according to reports.
Good default options along the whole savings journey are more important than engagement, according to research by the People's Pension and State Street Global Advisors (SSGA).