Tax chiefs are being urged to redefine lifetime allowance tests which are putting disproportionate administrative burdens on pension schemes.
HM Revenue and Customs is consulting on the rules governing benefit crystallisation event three (BCE3) – a test introduced after last April’s A-Day tax changes which is designed to prevent people taking...
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
This week's top stories include the government spending £800,000 on a Gogglebox advert and MPs writing to The Pensions Regulator about its engagement with the Railways Pension Scheme.