Consultation means ‘end is finally in sight’ for rules around streamlining GMP conversion
DWP seeks views on draft GMP conversion regs and revaluation rates for early leavers
Trade body says changes are needed to protect savers from unintended tax charges
HMRC guidance on VAT recovery on pension investment costs, DB surplus flexibility consultation, GMP conversion tax changes
The body said regulations would apply from the 2027/28 tax year
Aon survey finds more schemes are continuing to provide advice and support to members
The guidance outlines approaches that have been adopted or are being considered by early movers
The private member’s bill aims to amend and clarify existing GMP conversion legislation
The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.
Defined contribution (DC) savers should not have their choices limited when it comes to savings plans and retirement decisions, a majority of this week’s 93 Pensions Buzz respondents say.