Local government pension scheme (LGPS) members have been banned from taking their entire tax-free lump sum from a pot built up through additional voluntary contributions (AVCs).
The rules - part of the LGPS 2014 regulations - will apply to workers who joined AVC schemes from 1 April, who will be limited to taking 25% of this pot as tax-free cash. Historically, tax-free cash...
The Next Generation Pensions Committee is on a mission to promote and encourage younger voices in the industry. Kim Kaveh looks at its key objectives
This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.
Employers whose dividend to deficit recovery contribution (DRCs) ratios fall outside the "normal range" should expect to see higher regulatory scrutiny, although no fixed ratio will be set.
Investment consultants and fiduciary managers should expect a final decision on the investigation into the market to be published by the end of the year, the competition watchdog says.