The Treasury's pensions tax reform proposals must target defined benefit schemes to raise the £3bn-£4bn a year it needs, Standard Life says.
Responding to the consultation on restricting pensions tax relief – which closes on Friday 27 August (tomorrow) – the life and pensions giant will urge the Treasury to adopt an annual allowance of £45,000....
Lloyds 'not entitled' to give notice
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Interserve's numerous defined benefit (DB) schemes have retained a sponsor link after the company entered into administration and was sold.