HMRC has backtracked on rules that could have left some investors trapped in poor personal pensions, in response to pressure from pension providers.
The draft of the Finance Bill published on 31 March said all savers switching pension funds to new providers after 6 April would become subject to new, stricter withdrawal limits when going into capped...
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).