AVC tax-free cash curbed under LGPS regulations
Local government pension scheme (LGPS) members have been banned from taking their entire tax-free lump sum from a pot built up through additional voluntary contributions (AVCs).
The rules - part of the LGPS 2014 regulations - will apply to workers who joined AVC schemes from 1 April, who will be limited to taking 25% of this pot as tax-free cash. Historically, tax-free cash...
More on Industry
PP Rising Star Awards 2020: Full nominee list revealed!
Here it is… The list of all the individuals and organisations that have been nominated for the second annual PP Rising Star Awards.
Buck wins 36 UK business clients after independent launch
Since launching as an independent business in August last year, pensions and employee benefits consultancy Buck has won 36 additional client contracts.
Private pension wealth grows by £2.5trn over ten years
Private pension wealth has grown to £6.1trn in the last decade up from £3.6trn, Office for National Statistics (ONS) data shows.
Women are going into business - so what is the problem?
Self-employment may work well for those women who bear the brunt of childcare responsibilities, but this can leave them lacking in pension, insurance, and savings provision, says Laura Miller.
Pensions - it's a numbers game
Jonathan Stapleton explains his fascination with numbers...
