Regulations which relax the trivial commutation regime have finally been issued after their original announcement in the 2008 Budget.
In March HM Revenue & Customs told law firm Allen & Overy the delayed Registered Pension Schemes (Authorised Payments) Regulations would not come out until the autumn but they have been issued today. ...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).