HMRC will struggle to get its IHT slice
I can foresee problems with HMRC trying to levy Inheritance Tax on occupational pension schemes. Firstly, section 151 of the Inheritance Tax Act 1984 specifically exempts from IHT an interest in a pension...
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).