Aviva has called on the government to scrap higher rate tax relief on pensions and introduce a blanket unified relief rate of 30%.
The UK’s largest insurer said the current system caused “widespread confusion” when planning for retirement. It said the change would benefit and encourage the 85% of people who are basic-rate taxpayers...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.
The Pensions Advisory Service (TPAS) helped 187,000 people in 2017/18, a 9% fall on the previous year despite setting up special helplines for specific scheme members.