TAX relief in pensions for higher rate taxpayers is under siege and beginning to look pretty vulnerable, warns Hargreaves Lansdown.
But head of pensions reform Tom McPhail told PP that with around four million high rate tax payers in the UK any moves to scrap higher rate tax relief would be “catastrophic” and could harm the industry...
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).