Pension Corporation has completed the buyout of an ancient merchant trade association's defined benefit pension scheme.
The firm has entered into a deal for a £35m buyout of pensioner liabilities from the Mercers' Company - the ‘Premier Livery Company' of the City of London, which dates back to 1394. The Mercers' Company...
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.