Proposals for a credit rating override in the Pension Protection Fund (PPF) levy framework could create an uneven playing field and significantly increase levies for big firms, warns Towers Watson.
In a consultation on the levy, which closes today, the lifeboat fund put forward the option of using credit rating agency (CRA) scores where available, instead of its bespoke model. The PPF said this...
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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).