Three-quarters of scheme managers believe Budget proposals to restrict higher-rate tax relief on pension contributions for people with incomes over £150,000 from April 2011 will have negative consequences for occupational schemes.
An exclusive survey by Professional Pensions showed that 75% of scheme managers said these proposals would have negative consequences, 19% said they would not and 6% were unsure. One manager said: "The...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.