THE INVESTMENT Management Association has backed Conservative proposals to scrap stamp duty on shares.
Chief executive Richard Saunders said stamp duty particularly affects small investors. He added a £50,000 pension pot would attract £7000 stamp duty over 20 years of saving. “It’s abolition would...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers