Chancellor

The government needs to boost pension schemes' access to illiquid investments, remedy the net-pay tax relief anomaly, and focus on securing a "successful Brexit" for pensions in its upcoming Budget, says the Pensions and Lifetime Savings Association (PLSA)....

Chancellor Philip Hammond is set to announce cuts to pensions tax relief in his Budget later this month in order to raise revenue to pay for NHS funding commitments, according to reports.

Industry heavyweights have urged chancellor Philip Hammond to take action on the net pay pensions tax relief anomaly which affects lower-paid earners.

Around three-fifths of respondents in this week's Pensions Buzz backed the view that trustees should take a proactive approach to engage with members when they are seeking to transfer out of their defined benefit (DB) scheme.

Chancellor of the Exchequer Philip Hammond has confirmed he will deliver the government's annual budget on 29 October.

Malcolm McClean questions whether we really need the complex tapered annual allowance, lifetime allowance and money purchase annual allowance at all

Philip Hammond's financial update was empty of any direct pensions impacts as the chancellor sought to trim down the fiscal statement.

Do not expect any substantial pensions policy measures, if anything, in this week's Spring Statement, industry commentators have predicted.

Any further changes to tax relief would undoubtedly add to the cost and complexity of running a DB scheme, says Steve Webb

The Pensions Regulator (TPR) will clarify guidance on investments with long-term horizons as part of the government's plans to encourage pension funds to invest more in infrastructure, according to Autumn Budget documents.