A consultation document has been launched into the new individual protection regime following last year's reduction in the lifetime allowance. Helen Morrissey asks whether this new protection is useful or whether it is an unnecessary complication.
When George Osborne used the Autumn statement to further cut the lifetime allowance (LTA) to £1.25m more people than ever will need to protect themselves against incurring charges on their pension pots....
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.