The government has rejected industry pleas to change the way it will implement pensions tax relief restrictions.
In his Budget, Alistair Darling confirmed he would retain the restrictions originally announced in last year's budget and expanded in December's Pre-Budget Report. Darling confirmed: "Tax relief on...
The Pensions Regulator (TPR) is focusing on reducing the number of "poorly-run" schemes as it seeks to improve standards across the board.
Prudential Retirement has completed around $2.6bn (£2bn) of reinsurance contracts for UK pension scheme longevity risk since the start of the year, it has disclosed.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
PP has compiled a list of what to watch out for over the coming months.