HM Revenue & Customs will go out to consultation on amendments to A-Day regulations that threaten members' tax free cash on wind-up for the second time, PP has learned.
Rules introduced in April 2006 prevented occupational scheme members from accruing a taxfree cash entitlement in excess of 25% of the value of their funds. But an anomaly in the regulations meant that...
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