The Treasury will net an additional £1.15bn in taxes as a result of defined benefit (DB) members transferring to take advantage of incoming defined contribution (DC) freedoms.
In the Autumn Statement, delivered today, the government revealed tax triggered by former DB members cashing in their pots would raise £95m in its first year, rising to £325m by 2018/9 before falling to...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers