The 2015-16 tax year will be split into two mini tax years for the purposes of the annual allowance as part of transitional rules aligning pension input periods with the tax year, the government has announced.
In his Summer Budget today, the Chancellor announced that from 2016-17 onwards, the annual allowance for tax relieved pension savings would be reduced for those with incomes of over £150,000. It will...
As The Pensions Regulator’s consultation on investment governance guidance closes, Holly Roach looks at the industry’s response.
The Tate & Lyle Pension Scheme has completed a £930m full buy-in with Legal & General (L&G), insuring benefits for around 4,800 members.
There have now been a total of around 50 buy-in and buyout deals of over £500m announced since 2007. The full list, provided courtesy of LCP, is as follows...
Some 96% of trustees are ready for upcoming ESG regulations which will require schemes to agree their approach to responsible investment, according to Hymans Robertson.
Defined benefit (DB) schemes should act now to insure members’ benefits before an “anomaly” in the markets is corrected, Prudential Retirement has said.