The estimated cost of pensions tax relief for employees to the government is expected to hit £24bn in this tax year, according to government data.
Another £16.9bn of national insurance relief on employer contributions will increase the total relief on pensions contributions to a record £41bn, HM Revenue & Customs (HMRC) predicted. The figures...
Almost half of trustees and pension scheme administrators surveyed by PP say they would not join a collective defined contribution (CDC) pension scheme.
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.