The reduction of the annual allowance in 2014 has caused a significant rise in the number of people breaching the limit.
In the 2014/15 tax year - the last date at which the data is available - 7,000 people had reported on their tax return that they had breached the limit of £40,000. This is up 79% from 3,900 people in the...
The government will press ahead with plans to use the “largely untapped pool of capital” in defined contribution (DC) schemes to invest in venture capital and growth equity assets.
Universities Superannuation Scheme (USS) has reported a technical provisions deficit of between £14.9bn and £17.9bn as of 31 March 2020, and delayed its valuation as it considers how to proceed.
Newton’s Catherine Doyle considers key lessons for DC investors from the pandemic
Three-quarters of pension scheme members want guidance before drawing down on their pension pot, according to a survey from The People’s Pension.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the February 2021 estimates on the various measures…