There are increasing calls to review the process for regulated apportionment arrangements, which are still rare. Stephanie Baxter explores the rationale for a more flexible framework.
Regulated apportionment arrangements (RAAs), which allow a company to split from a pension scheme to avoid insolvency, are extremely rare. Only 29 deals have ever been approved by The Pensions Regulator...
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.