The government is allegedly planning to fund tax cuts for younger people by cutting the money spent on tax relief for older workers - a policy AJ Bell warned was a "nightmare to implement".
According to The Telegraph, Hammond (pictured) is understood to be examining ways to link tax to age to promote intergenerational fairness in next month's Budget. The Telegraph claimed tax breaks would...
A buyout tool which provides schemes with up-to-date pricing and comparisons between insurers has been launched by JLT Employee Benefits.
The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach?
The trustees of GKN's pension schemes have agreed a package of mitigation measures that would improve funding to a "more prudent level" if Melrose's offer is accepted by shareholders next week.
While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.