The government is allegedly planning to fund tax cuts for younger people by cutting the money spent on tax relief for older workers - a policy AJ Bell warned was a "nightmare to implement".
According to The Telegraph, Hammond (pictured) is understood to be examining ways to link tax to age to promote intergenerational fairness in next month's Budget. The Telegraph claimed tax breaks would...
The Department for Work and Pensions (DWP) has cancelled a planned rise to the general levy amid the ongoing Covid-19 outbreak.
The Pensions Regulator (TPR) is “pulling out all the stops” to help struggling employers during the Covid-19 crisis, although latest guidance may put trustees in a “challenging” position, the industry says.
Defined benefit (DB) scheme trustees should be open to employer requests to reduce or suspend deficit recovery contributions (DRCs) if there is a good reason to do so, The Pensions Regulator (TPR) has said.
The Pensions Regulator (TPR) has temporarily relaxed the timeframe for schemes which need to report late payments from employers for workplace pension schemes.
The Financial Conduct Authority (FCA) has postponed its decision on whether to ban contingent charging on defined benefit (DB) transfers by up to six months.