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...
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.
This week's top stories included coverage of the much-anticipated defined benefit (DB) white paper and the sector's reaction.