GORDON Brown's decision to cut pension tax credit in 1997 is not solely to blame for increased pressure on workplace pensions, the National Association of Pension Funds claims.
The NAPF said removing the tax credit system was “unhelpful” but many other things have contributed to the decline in defined benefit schemes. NAPF director of policy Nigel Peaple said: “The removal...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.