Chancellor George Osborne has cut the annual allowance to £40,000 and reduced the lifetime allowance to £1.25m as part of a drive to raise more tax revenue from the rich.
In his Autumn Statement, Osborne said he would reduce the annual allowance from £50,000 to £40,000 and cut the liftetime allowance from £1.5m to £1.25m from 2014/15. The Chancellor said the cut to...
The Pension Protection Fund’s (PPF) compensation cap and restrictions on annual indexation increases could be at odds with EU law, according to a provisional judgement by the Court of Appeal.
The Financial Reporting Council (FRC) has launched investigations into the conduct of a number of individuals involved with various Guinness Peat pension schemes between 2004 and 2012.
The Pension Protection Fund has announced the changes it will consider making to the Experian insolvency model for the 2018/19 levy ahead of the formal consultation.
The review of automatic enrolment (AE) in 2017 is an opportunity to think more strategically about pensions says Tim Sharp.