Ill-health early retirees fined for breaching pension tax relief limits
Savers who take an early retirement after becoming ill or sustaining severe injury are being increasingly harshly penalised for breaching pension tax relief limits, according to Royal London.
Research from the group - including a freedom of information (FOI) request to the Greater Manchester Pension Fund (GMPF) - noted the sudden jump in the value of an early retiree's pension pot could see...
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IFoA issues CDC call to government in bid to rebalance risk
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KPMG restructuring and covenant business rebrands as Interpath Advisory
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PLSA welcomes government TCFD extension plans
The Pensions and Lifetime Savings Association (PLSA) has welcomed the government’s intention to extend the scope of the Taskforce for Climate-related Financial Disclosures (TCFD).
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This week’s top stories included the FRC issuing a £65,000 penalty and severe reprimand against Richard Jones over previous advice to Guinness Peat Group, and news of Emma Douglas’ departure from LGIM.
Bank of England holds rates amid stronger growth and inflationary outlook
The Bank of England’s monetary policy committee has voted unanimously to hold its key interest rate at 0.1%, with the central bank now forecasting a stronger outlook for GDP growth and inflation.
