Pension tax concerns 'distracting' from crucial industry issues
Major industry concerns such as GMP equalisation are being left on the back burner as employers continue to grapple with the complexities of pensions tax, the Association of Consulting Actuaries says.
Data collated over the summer to form the body's 2019 Pension Trends Survey was released today (4 November) showing 75% of employers want the pension tax regime simplified. Most remain unhappy about...
More on Industry
UK Pensions Awards 2020 - Registration opens
Registration for the UK Pensions Awards 2020 is now open…
Five stories you may have missed this week
This week’s top stories included Aon telling the industry there was no excuse for stalling implementation of GMP equalisation, despite further guidance being needed on tax.
L&G launches annuity comparison service
Legal & General (L&G) has launched an online annuity searching tool, allowing consumers to compare rates across six leading providers.
Pension schemes bill should be reintroduced in existing form, say respondents
Most of this week's 108 Pensions Buzz respondents agreed the pension schemes bill should be reintroduced in its exisiting form.
Aviva to launch retirement division to tackle 'biggest financial challenge globally'
Aviva has set out its strategy to launch an investments, savings and retirement division as it seeks to simplify its overall business.
