There was no industry consensus on the benefits and negatives of scrapping high-rate tax relief from this week’s 115 Pension Buzz peers in split results.
The question comes after reports that the Treasury has drawn up plans to slash the rate of relief for higher earners from 40% to 20% in a move that would free up around £10bn of government finances annually....
As part of a series celebrating PP’s silver anniversary, Hope William-Smith asks industry veterans about policy over the past 25 years and what needs to change for the future.
This week’s top stories include findings from PwC that pensions schemes have been “shoehorned” into valuing liabilities against gilts, while Mercer launched a defined benefit master trust.
The lack of information cohesion across the industry is preventing savers from receiving true value for money from their workplace scheme, the Finance Technology Research Centre (FTRC) says.
Almost half (49%) of the respondents to a Professional Pensions poll disagree that the trend toward sole corporate trusteeship is positive.
Despite a surge of small spikes in the number of deaths in the last month on a week-by-week basis, overall levels remain close to those recorded last year, says the Continuous Mortality Investigation (CMI).