The law on pension input periods should be changed to stop a clash with the upcoming tax allowance alterations, actuaries say.
Schemes who have nominated PIPs that clash with the tax year could end up with up to two years of members’ contributions rated against just one years’ tax allowance, which is set to fall to £50,000 next...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.