The Treasury will net an additional £1.15bn in taxes as a result of defined benefit (DB) members transferring to take advantage of incoming defined contribution (DC) freedoms.
Increases in employer contributions to public sector schemes will net central government £335m a year, rising to £390m by 2020, according HM Treasury.
The 55% tax charge levied on beneficiaries of individuals who die under the age of 75 with a joint life or guaranteed term annuity has been abolished in today's Autumn Statement.
PP looks at what could be announced tomorrow
Stephanie Baxter says two out of 15 is not good enough
Jonathan Stapleton says UK pensions are complicated enough already
At the time of writing this leader the Professional Pensions team was bracing itself for Wednesday's Autumn Statement.
A judge has rejected attempts by former shareholders of Desmond & Sons to withhold documents from proceedings to enforce contribution notices (CNs) issued by The Pensions Regulator (TPR).
The body formed in response to the Kay Review has too few schemes and too many asset managers
The High Court has ruled the £74m Section 75 debt of the Kaupthing Pensions Scheme can be sold, paving the way for the wind up of the scheme to be completed.