Direct access to DC pots to net Treasury £4bn
The Treasury expects to net an extra £3.9bn between 2015 and 2020 as a result of tax reforms designed to facilitate the Budget freedoms.
The forecast was made in an impact assessment attached to the draft Taxation of Pensions Bill, published yesterday. The bill proposes members will be able to dip in and out of their defined contribution...
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PP Trustee Senate: Just five places remaining...
There are now only a few weeks until Professional Pensions' Trustee Senate residential event, which will take place on 3-4 October at the Hanbury Manor Hotel & Spa in Hertfordshire.
Mid-life MOTs run danger of 'shocking people into doing nothing at all'
Employees will be like “rabbits in the headlights” if they are awakened to their low levels of saving too late in their working lives, it has been warned.
Five stories you may have missed this week
This week’s top stories included The Pensions Regulator launching a prosecution against the director of a professional trustee firm, and the regulator approving five master trusts.
Pension Awareness Day: Industry's top tips for boosting engagement
Experts have called on the industry to personalise pension communications and expand auto-enrolment (AE) to all workers ahead of the fifth Pension Awareness Day on Sunday.
Latest issue - 12 September 2019
This week's edition of Professional Pensions is out now.