Taxes will have to increase after the March Budget if the government plans to honour the spending plans in outlined last year, the Institute for Fiscal Studies (IFS) has warned.
Reports that new chancellor Rishi Sunak is set to abandon cuts to tax relief on pensions contributions are continuing to circle.
High earners could face significant cuts to pension tax relief in the upcoming Budget under new Treasury plans to rein in the “perverse” system, according to reports.
Chancellor of the Exchequer Rishi Sunak has confirmed the government will go ahead with its Budget on 11 March, despite Sajid Javid’s resignation.
Guy Opperman has held onto his role as minister for pensions and financial inclusion after an action-packed cabinet reshuffle yesterday.
Chancellor of the Exchequer Sajid Javid has resigned just under a month before he was expected to deliver the first Budget of this parliament, making him the shortest-serving Chancellor for more than 50 years.
The UK will leave the EU on 31 January, Professional Pensions’ expert advisory panel tells James Phillips what pension schemes should now be thinking about.
The Pensions Regulator (TPR) has welcomed the government’s latest update on the details of the pension schemes bill.
HM Treasury has confirmed that the government will hold its Budget on 11 March.
Guy Opperman has retained his post as pensions and financial inclusion minister, the Department for Work and Pensions (DWP) has confirmed.
The Conservatives’ romp at last week’s national poll gives a great chance to make dramatic changes to boost people’s pensions, says Gregg McClymont.
The Conservative Party’s election success has delivered a rally for UK equity markets and sterling but uncertainty over a future trade deal with the EU remains.
The Conservativess' pension policies are expected to be implemented in the coming months after yesterday’s general election confirmed a substantial win for the party.
After a tumultuous few weeks of campaigning, the Conservative party won their largest majority since Margaret Thatcher's 1987 victory in last night’s general election, while Labour is facing its worst defeat since 1935.
The pound surged against both the US dollar and euro after the Conservatives won a landslide majority at the UK General Election on Thursday (12 December).
The Conservative party will hold reviews of the tapered annual allowance and net-pay schemes if it is elected back into government, it has said.
The pension schemes bill will face yet another delay as the UK seems set to have its third general election in five years on 12 December.
HM Treasury has announced that the government’s next Budget will take place on 6 November, although this depends on the outcome of the Brexit negotiations.
Amber Rudd has resigned as secretary of state for work and pensions with immediate effect, with Thérèse Coffey named as her successor.
NHS Employers has published guidance for employers to support staff affected by the pension taxation issues.
This week's top stories included an article about Will Lovegrove and Baroness Ros Altmann departing Pensionsync after its acquisition by KeyPay.
Boris Johnson's government will deliver its first Queen's Speech on 14 October, the prime minister has announced.
Boris Johnson's mooted income tax reforms would create a double-edged sword whereby income tax winners would become pension tax relief losers, according to research by Aegon.
The government has put forward proposals to review pensions tax relief rules in order to give senior NHS clinicians full flexibility over the amount that they contribute to their pensions.