Members retiring on incapacity grounds could face a hefty tax bill if they fall into a gap between scheme rules and new exemptions from the annual allowance test, a lawyer warns.
Allen & Overy senior professional support lawyer Helen Powell (pictured) said an increase in income through enhanced incapacity pension could drag members over the £50,000 threshold and trigger a tax charge...
Here are key takeaways from our 2019 Asset Allocation Outlook on how we are positioning asset allocation portfolios in light of our outlook for the global economy and markets.
This week's top stories included a Freedom of Information request revealing more than 100,000 savers could face six-figure tax bills as a result of GMP equalisation.
The Pearson Pension Plan has entered into a £500m pensioner buy-in with Legal & General (L&G) in the insurer's first deal of 2019.