People retiring after April do not understand the tax implications of ‘freedom and choice' with one in ten believing they can access their whole pot tax-free, research finds.
The Pensions Administration Standards Association (PASA) is forming a Guaranteed Minimum Pensions (GMP) working group in response to the end of contracting out in 2016.
Only 350 firms have taken up the coalition's controversial employee shareholder status - less than 6% of the government's anticipated demand.
Pension scheme administrators are set to come under greater scrutiny from HM Revenue and Customs (HMRC) as it builds on its ‘fit and proper' powers.
This year has been a busy one for pensions and 2015 looks to be very much the same. Squire Patton Boggs has highlighted 12 key areas for trustees to focus on in 2015.Here's the final four things for your 2015 to-do list.
Top stories on PP this week have included a potential £2bn windfall for sponsors, a complex £2.5bn buyout, a government U-turn on freedom and choice and calls for a drawdown fee cap. Here's what you might have missed.
Schemes sponsors could receive a £2bn tax windfall following a change in HM Revenue and Customs' (HMRC) policy on VAT recovery in response to two European Court cases.
HM Revenue & Customs (HMRC) has clarified its position on why certain retirees using standalone lump sums trigger a reduced annual allowance.
Trustees and pension professionals have defended the investment returns targeted by defined benefit (DB) schemes in research carried out by PP.
HM Revenue and Customs (HMRC) has received an unexpectedly low volume of queries from schemes that have obtained data as part of its Scheme Reconciliation Service.