The pensions industry has warned that tax relief cuts announced today will deter people from saving into a pension and make the tax system even more complex.
The chancellor confirmed today in his Summer Budget that cuts will be made to tax relief that high earners can claim on pension contributions in order to fund an increase in the inheritance tax threshold....
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).