HM Revenue & Customs has bowed to industry calls to clarify pension contribution tax relief for company owners and controlling directors.
The guidance – which is part of HMRC’s business income manual – follows last year’s pension tax changes, which dictated that any employer pension contribution would only receive corporation tax relief...
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).