Trust-based defined contribution schemes will become "significantly" more popular with employers in the run up to 2012, Hymans Robertson believes.
The consultant said employers looking for ways to offset auto-enrolment costs could save around 10% if they opt for trust-based DC. Hymans Robertson senior benefits consultant James Mullins said government...
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.