Advisers setting up group personal pensions (GPPs) must add VAT to the charges they levy on employers, HM Revenue and Customs (HMRC) has confirmed.
tax efficiency is not a priority for first-time savers, says Rachel Dalton
Taha Lokhandwala asks if AE will convince the lowest earners to save
Nearly half of workers are unaware they are entitled to tax relief on their workplace savings, B&CE research says.
Zurich has secured its first master trust client, with publisher Johnston Press signing up to the multi-employer auto-enrolment proposition.
Nearly a quarter of adults (23%) in the UK have lost track of at least one pension pot according to research from charity Age UK.
Many buzz respondents were concerned that The Pensions Regulator's proposed approach to regulating trust-based defined contribution schemes could overload trustees.
Less than 10% of staff auto-enrolled by The Co-operative have chosen to opt out of the scheme.
Aegon has launched a selection of auto-enrolment investment funds suitable for use as default options.
Taha Lokhandwala analyses the DA options that are most attractive to the industry