Law and Regulation

A scheme allowing pensioners to top up their flat-rate state pension through voluntary National Insurance contributions (NICs) is expected to raise £850m over two years.

Chancellor George Osborne used today's Budget to radically overhaul the retirement income market.

HM Revenue and Customs (HMRC) will receive further powers to tackle pensions liberation in the Finance Bill 2014.

The annual personal tax allowance will be increased from £10,000 to £10,500, says Chancellor George Osborne.

Pensions minister Steve Webb has led a House of Commons defeat of a "deeply flawed" opposition amendment on charges in the Pensions Bill.

Employers inheriting staff on transfer will be able to pay pension contributions at the former company's auto-enrolment (AE) rate, the Department for Work and Pensions (DWP) has confirmed.

Trustees' knowledge of auto-enrolment (AE) has "remained largely unchanged" between spring and autumn 2013, The Pensions Regulator (TPR) says.

Progress on the annuities market, charges and defined ambition (DA) may have "stalled", the Work and Pensions Select Committee says.

The long-awaited update to the European Commission's directive on workplace pensions will be published on 27 March.

HM Revenue and Customs (HMRC) may move to prevent high net worth savers from circumventing the lifetime allowance (LTA).