The Budget has increased the lifetime allowance by £50,000 to £1.65m and lifted the annual scheme allowance by £10,000 to £235,000.
Chancellor Alastair Darling scrapped the 10pc starting rate of tax for pensions and earned income; reduced the basic rate of income tax by two percentage points to 20pc; and increased the ceiling for paying...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.