SCOTTISH LIFE is expanding its pension portfolio product to include an integrated income release plan which allows members to access tax free cash while still making contributions.
The firm said the income release plan takes advantage of A-Day changes by allowing members to take a pension commencement lump sum from the age of 50 – 55 from 2010 – without taking income. Normally...
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