WPC confirms inquiry into impact of freedoms; Scams to top extensive agenda
Pensions scams will be the key focus in the first part of a Work and Pensions Committee (WPC) inquiry reviewing the impact of the introduction of pension freedoms five years on.
The WPC confirmed today (28 July) that it will investigate pension scams as part of a three-part inquiry into the protection of pension savers - the first call for input of its type. A broad inquiry...
More on Regulation
Spring Budget 2021: Icy response to lifetime allowance freeze
The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.
TPR agrees £25m settlement with owners of Silentnight
The Pensions Regulator (TPR) has agreed a settlement in its anti-avoidance case against the current owners of the bed manufacturer Silentnight.
Chancellor Sunak 'likely' to freeze lifetime allowance
Chancellor Rishi Sunak has plans to freeze the lifetime allowance for the rest of the current parliament in a "stealth tax" on the wealthy, according to reports.
Exclusive: ACA calls for policy reform on AE, investments, and pensions tax
The Association of Consulting Actuaries (ACA) has set out six key reform areas it is calling on the government to address before the end of the current parliament.
TPR flexes powers after 8,200 quarterly AE breach increase
Enforcement activity carried out by The Pensions Regulator (TPR) between October and December 2020 saw auto-enrolment (AE) powers used on a total of 24,799 occasions, up 8,200 from the instances in Q3.
