The number of companies offering tax-advantaged share schemes has doubled since 2000 but plans open to all employees have dipped to their lowest level during the period.
Instead it appears employers, particularly smaller ones, are choosing to reward staff on a discretionary basis. And the government puts the cost to the exchequer of maintaining the tax-advantaged status...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.