The withdrawal of child benefit from families where at least one parent pays 40% tax could create strong incentives for people to increase their pension contributions, Towers Watson says.
The consultant said paying more into a pension scheme could be used to push household income below the threshold for the higher rate of tax and preserve the benefit. Proposals announced by Chancellor...
This week's edition of Professional Pensions is out now.
Ben Gunnee reflects on 2018 and talks about the Fiduciary Management trends to keep an eye on in 2019
Lloyds Banking Group secured 630,000 new pension customers last year, according to its 2018 annual results.
Guy Opperman has rejected calls to speed up changes to auto-enrolment (AE) despite increasing pressure to boost contribution rates and overall savings pots.