The estimated cost of pensions tax relief for employees to the government is expected to hit £24bn in this tax year, according to government data.
Another £16.9bn of national insurance relief on employer contributions will increase the total relief on pensions contributions to a record £41bn, HM Revenue & Customs (HMRC) predicted. The figures...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).