Pensions Minister Steve Webb says he remains committed to defined ambition (DA) despite the Budget scrapping restrictions on how people take their pensions income at retirement.
Last month, Chancellor George Osborne said anyone over 55 would be able to take their entire pensions as cash from April 2015, subject to the marginal rate of income tax (PP Online, 19 March). Shadow...
Jonathan Stapleton explains his fascination with numbers...
Phoenix Group has laid down a proposal to acquire rival life insurer ReAssure Group in a £3.2bn cash and shares deal.
This week’s top stories included KPMG selling its UK pensions practice to private equity-backed firm NewCo.
KPMG has signed a conditional agreement to sell its UK pensions practice to private equity-backed firm NewCo.
The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.