UK - Legal & General has produced an in-depth and easy-to-read analysis for IFAs on the government's pension tax simplification proposals.
The report – Pensions Simplification: Time and tide wait for no plan – is part of the firm’s new technical support service for IFAs in the retirement planning market.
Head of pensions technical services Colin Batchelor said:
“It is clear that any attempt at pensions simplification will be complex in its delivery and the need for advice will be considerable.”
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.