The tax treatment of annuities has been brought into line with income drawdown. While this is largely a positive thing, Helen Morrissey finds inconsistencies remain.
George Osborne's announcement of changes to the tax treatment of annuities was widely foreshadowed in the run up to the Autumn Statement. Under the changes the 55% tax charge levied on beneficiaries...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers