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...
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