Advisers setting up group personal pensions (GPPs) must add VAT to the charges they levy on employers, HM Revenue and Customs (HMRC) has confirmed.
In a brief issued on 17 April, HMRC said businesses advising on GPPs and employers receiving their services should be aware that fees on GPP advice will attract VAT.Previously it had been common for advisers...
BT may allow the trustees of its pension schemes to take over some of its assets in the case it fails to meets its pension obligations, the firm has suggested.
In the latest of PP's Pensions Influencers interview series, Jonathan Stapleton speaks to Ian McKnight, chief investment officer of the Royal Mail Pension Plan
This week's top stories include coverage of a green paper response which said The Pensions Regulator needs to be investigated and the Pension Protection Fund privatised.
The 3i Group Pension Plan has completed a £200m buy-in with Pension Insurance Corporation (PIC), its first insurance policy so far.