Labour has backed a report from the Institute for Public Policy Research (IPPR) that calls for tax relief on pensions to be slashed by £2bn a year.
The Condition of Britain: Strategies for Social Renewal calls for the tax-free lump sum to be capped at £36,000 which it said would net the treasury £2bn annually. It labelled tax relief the "biggest...
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.