The reduction in the Money Purchase Annual Allowance (MPAA) from £10,000 to £4,000 per year will apply retrospectively from April 2017, after the Treasury confirmed plans to reintroduce tax relief cuts from that date.
The cut was first announced in the chancellor's March Budget, but was then dropped from the Finance Bill when the General Election was called, leading to critics urging the government to delay it until...
The Department for Work and Pensions (DWP) has confirmed it will ban early exit charges for savers eligible to access the pension freedoms.
The Department for Work and Pensions (DWP) is consulting on whether auto-enrolment (AE) regulations on the quality of defined benefit (DB) schemes are working properly.
Inrev has announced it will begin building the prototype of a pan-European real estate asset level index after receiving financial commitments from 28 of its members.
This week's top stories include work and pensions committee chairman Frank Field telling PP that more needs to be done to consolidate defined contribution pots.