Pension professionals have reacted with outrage to Treasury plans to cut the money purchase annual allowance (MPAA) from £10,000 to £4,000 from April.
The move, which was announced in the Autumn Statement in November, is designed to stop savers from "recycling pension savings" and benefitting from double tax relief. Yet the measure has been denounced...
The Pensions Regulator (TPR) interim chair Sarah Smart has tried to reassure MPs that no conflict of interest will arise from her husband’s role at the British Airways pension schemes.
The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.
Matthew Swynnerton explores the impacts of the Pension Schemes Act 2021
'Headaches' ahead for DC illiquid investment over 'fiendish complexities' of performance fees despite charge cap inclusion
The Pensions and Lifetime Savings Association (PLSA) has welcomed plans to incorporate performance fees in the charge cap, but the Association of Consulting Actuaries (ACA) warned performance fees are “not the only headache” for defined contribution (DC)...
Geoff Egerton looks at how the criminal sanctions regime will impact the pensions industry