The industry has fiercely criticised the cuts to annual and lifetime allowances revealed in the Autumn Statement, arguing they will undermine confidence in pensions.
The government is to cut the annual allowance from £50,000 to £40,000 and lifetime allowance from £1.5m to £1.25m from 2014 (PP Online, 5 Dec - http://www.professionalpensions.com/22297560). PwC head...
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.