Industry figures have cautiously welcomed the publication of new guidance for trust-based defined contribution schemes from The Pensions Regulator, but expressed disappointment that it does not focus on contract-based schemes.
A new code of practice for DC trust-based schemes has been proposed by the regulator to maximise outcomes for members in light of auto-enrolment. While attempts at improving the quality of DC arrangements...
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.