UK - The Association of Independent Financial Advisers has attacked government plans for an annual contribution limit on savings.
It said the £200,000 maximum annual contribution – as prescribed in the Inland Revenue’s pensions tax paper – would lead to a restructuring of benefits at the top end of the market.
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.