Provider warns on HMRC's 'sharpened' SSAS focus
It should be mandatory for small self-administered pension schemes to have a professional trustee to avoid potential devastating tax charges, a provider has said.
Xafinity has called for urgent regulatory changes to mandate professional oversight as it said HM Revenue & Customs (HMRC) has sharpened its focus on the pension set-ups. It reported an increasing number...
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Five stories you may have missed this week
This week’s top stories included the launch of Scottish Widows’ new responsible investment team, and reports of Treasury plans to cut pension tax relief for high earners.
Trustees question competence over ESG policies
Almost half (43%) of trustees do not feel able to monitor and report on their schemes ESG policy to a high standard, according to CACEIS.
Women in Investment: Feel like an imposter? You are not alone
In the run-up to Incisive Media’s Women in Investment Festival on 3 March, Laura Miller gets under the bonnet of how common imposter syndrome is, and the tangible impact it can have on financial services firms.
Pension Protection Fund announces nine partner firms for new framework agreement
The Pension Protection Fund (PPF) has wrapped up its three-month procurement process for partners to assist in the development of a framework agreement to provide administration, actuarial, and consultancy services to its board.
TPR's decision on professional trustees was right, say peers
This week’s 89 Pensions Buzz respondents agreed with The Pensions Regulator’s decision to hold back from mandating the use of professional trustees.
