Speculation is growing that chancellor Sajid Javid is seeking to raise revenue by cutting the tax relief on pension contributions for high earners from 40% to 20%.
Companies with large pension schemes have already made budget allowances in advance of proposed changes to the Retail Prices Index (RPI), Willis Towers Watson (WTW) says.
A self-sufficiency approach is not riskless and trustees must consider covenant strength and longevity exposure. Chris Ramsey looks at the key considerations of running schemes on.
Pension Protection Fund (PPF) levy-payers may be leaving themselves open to “unwelcome surprises” by failing to check their accounts early on, Barnett Waddingham has warned.
Barnett Waddingham’s full year results reveal significant growth at the business, with revenue reaching almost £100m. Holly Roach reports
While the pension schemes bill was said to command cross-party support, Brexit and acrimonious parliamentary debates are leaving its success in doubt, says Malcolm McLean.
The Department for Work and Pensions’ consultation on increasing the general levy has closed. Holly Roach looks at the industry’s response to its proposals
People who have left risks unmanaged will be rewarded under the government’s proposals to reform the Retail Prices Index (RPI) while those in well-risk-managed schemes could lose out, says Barnett Waddingham.
The buyout deficit of FTSE 350 pension schemes has reduced by £2.5bn since the introduction of Freedom and Choice due to an increased number of transfer exercises, Barnett Waddingham has found.
The dashboard must be simple and based on consumer needs to be successful, Denmark and Sweden have found. Margie Lindsay looks at the lessons from the two projects.