Scheme deficits remained largely unchanged over the last year despite gains in asset prices, Pension Protection Fund research says.
The PPF 7800 index, calculated on an S179 basis, showed the 6,316 scheme aggregate deficit fell by 8% to £244.7bn at the end of 2012 from £268.9bn in 2011. Along with this, Mercer's FTSE350 IAS19 research...
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.