The government has confirmed that "now is not the right time" to undertake significant reform of pensions tax policy, such as moving to a flat rate of tax relief.
The refrain is after a consultation on proposed changes to tax relief which could have seen higher- and additional-rate savers moved to a lower flat rate. However, in a letter to AJ Bell, Treasury...
The Pensions Regulator (TPR) has banned two trustees after they lost over £15m of members' funds in unregulated investments.
Clarity over the controversial money purchase annual allowance is needed after it was removed from the Finance Bill, according to Pensions Buzz respondents.
Frank Field is pressing Sir Philip Green to publish undisclosed details about the settlement he reached with The Pensions Regulator (TPR) on British Home Stores (BHS) at the end of February.
The Department of Work and Pensions (DWP) will amend legislation to allow contracted-out benefits to be transferred into a scheme which has never been contracted-out.