Fears HM Revenue & Customs may stop trust-based money-purchase plans from paying pensions directly to members are unfounded, a consultant claims.
Smith & Williamson head of pensions Mike Fosberry said such a move was unlikely because HMRC would lose a source of income as any scheme pension payments were subject to a tax charge. He added the...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point