In his report on the tax treatment of pensions savings for the Centre for Policy Studies Michael Johnson came up with eight specific proposals. Here they are:
1. Pension contributions from employers should be treated as part of employees' gross income, and taxed as such. 2. Tax relief on pension contributions should be replaced by a Treasury contribution...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.