PENSION schemes should review their contracting-out arrangements to avoid paying voluntary tax of £3bn per year to the Treasury, advisers warn.
Pension Capital Strategies claimed the government was unnecessarily taking cash from schemes by setting National Insurance contribution rebates for contracted-out pensions schemes at a very low level....
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