Savers are far more inclined to leave their cash in a pension if they understand the tax consequences of taking it all in one go, research has found.
Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.
Four-fifths of scheme members are postponing annuity purchases in the wake of the Budget reforms, according to research.
Employers could be administering benefits through their payroll and eradicating up to 99% of P11Ds if a proposal by the Office of Tax Simplification (OTS) is implemented.
The Bank of England has again moved to temper expectations of an early rate rise, despite the UK unemployment rate dropping to close to the crucial 7% mark this morning.
The Regulatory Policy Committee (RPC) has condemned the Department for Work and Pensions' (DWP) consultation on a pension scheme charge cap as ‘not fit for purpose'.
The Pensions Regulator (TPR) will conduct sector-specific compliance research to better understand how auto-enrolment (AE) is applied in different industries.
Which? has launched a campaign for an annual management charge (AMC)cap of 0.5% for all schemes, despite claims this would outlaw the National Employment Savings Trust (NEST).
Up to 90,000 employers would be forced to review their defined contribution (DC) schemes if a charge cap was introduced, according to a government impact assessment.
The use of an annuity broker at retirement could be written into the latest version of the Pensions Bill after Labour tabled an amendment to the legislation.