BUDGET reductions in the basic rate of income tax have "dealt a blow" to retirement saving incentives, Lane Clark & Peacock says.
The consultant said cutting the basic rate of income tax would also slash scheme tax relief. Lane Clark & Peacock consulting actuary Shaun Southern said the chancellor had “dealt another blow to the...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.