Government estimates low take-up of tax relief top-ups as savers to be asked to apply
Government sets out plans to address low-paid anomaly in tax relief treatment
Pension body urges government to consider four key policy areas in 2021 Budget
FCA-regulated scheme is portable, ESG-focused and aims for simplified planning
The number of savers enrolled in workplace schemes has increased steadily since 2012
A settlement for the Sanofi Pension Scheme and a warning on HMRC tax proposals
Concern that taking a wide definition of ‘tax advice’ could inadvertently impact the pensions market
HM Revenue and Customs (HMRC) has revealed a 6% rise in the amount withdrawn flexibly this quarter versus the same period last year, and a 10% increase in the number of individuals using this freedom.
The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.
The economic impact of coronavirus is unlikely to overshadow the Work and Pensions Committee’s (WPC) inquiry into the success of pension freedoms, the industry believes.