Treasury plans to curb the annual allowance to about £40,000 rather than slash tax relief for high earners have been backed by the industry.
Trade bodies, the National Association of Pension Funds and the Association of British Insurers said the consultation - released yesterday - was the right way forward. The document reiterated the government's...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).