Ministers are planning to waive tax charges on payments made to pensions from with-profit policies.
HM Revenue & Customs is consulting on a series of draft regulations following representations on the tax treatment of “inherited estates payments”. HMRC said where the payment “does not diminish the...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.