Hymans Robertson calls for measures to reduce gender pensions gap
Commitment to triple lock leads quiet mini-budget for pensions
The industry has reacted with concern after Labour revealed its plans to increase income tax, maintain the state pension age at 66, and impose new taxes on investments.
A weakened economy following the vote to leave the EU means savers will have to put as much as 22% of their wages into pensions.
Speculation is rife that Chancellor George Osborne will introduce a flat-rate of tax relief, which will benefit lower earners according to a report in the Financial Times.
MPs have criticised the Department of Work and Pensions (DWP) over its communication of pension reforms and called for urgent changes to the information being sent to people approaching retirement.
Chris Noon decries his lack of patience but also reckons he’s slow to get annoyed. Not one to worry, Noon’s only regret is not having the time to read more
The Department for Work and Pensions (DWP) says its collection of pension reforms will be enough to provide an adequate retirement for majority of those currently at working age.