The government is to clamp down on firms abusing tax relief rules for large employer pension contributions by routing them through a new company.
Chancellor Alistair Darling said he would introduce legislation in next year’s Budget to ensure the current rules on spreading contributions cannot be circumvented. The new rules will have effect for...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.