Law and Regulation

Any changes to pensions taxation must be deliberate, planned and controlled, with a clear end objective in mind, says Richard Butcher

Boris Johnson's government will deliver its first Queen's Speech on 14 October, the prime minister has announced.

Nearly 4,000 members of the Armed Forces Pension Schemes breached their annual tax-free pensions savings limit in 2017/2018, a freedom of information (FOI) request has revealed.

The Pensions Ombudsman (TPO) must make significant changes to its leadership structure in order to provide "additional insight… and more challenge on organisational strategy", a governmental evaluation has concluded.

Boris Johnson's mooted income tax reforms would create a double-edged sword whereby income tax winners would become pension tax relief losers, according to research by Aegon.

Pension funds that decide to invest in standalone fiduciary management funds are being reassured that they will not be subject to mandatory tendering requirements.

An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.

Pension schemes have been warned they may now face a more challenging legal test if they wish to fix drafting errors.

Trustees risk leaving their scheme ungovernable if they do not get in place strategic objectives for investment advisers, warns John Paterson.

Member-nominated trustees bring clear value to scheme boards, but it is important their knowledge is up to scratch, says David Fairs