Now Pensions will increase monthly administration charges for lower earners when minimum auto-enrolment (AE) contributions go up next April.
Currently, the provider offers a discounted administration charge of 30 pence a month for members who earn less than £18,000 a year or, for deferred members, earned less than this amount when active. ...
HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.
The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.
New regulatory rules which require providers and advisers to produce annuity illustrations will not solve the problem of consumer detriment as they are "fundamentally" flawed, according to Retirement Advantage.
Paul Budgen is set to join financial technology and auto-enrolment (AE) firm Smart Pension as director of business development.