Lawyers have warned that defined benefit (DB) schemes face unnecessary extra VAT charges unless HM Revenue and Customs (HMRC) makes it less complicated for them to reclaim tax.
The clock is ticking, but schemes aren't showing much urgency
Annual allowance reductions mean more people will incur tax charges but how many members know this? Helen Morrissey looks at what schemes should do to help members meet their responsibilities.
The Pensions Regulator (TPR) is to launch a tool to help small employers assess their work force for auto-enrolment and calculate contributions.
Just one in five schemes has reconciled guaranteed minimum pensions, according to research carried out by Professional Pensions.
A further 75 employers have been named and shamed by the Department for Business, Innovation and Skills (BIS) for underpaying their workers more than £153,000.
HMRC has announced transitional arrangements to align pension input periods with tax years
Voucher providers will not be appealing further a Supreme Court ruling that threw-out their challenge to the government's tax-free childcare (TFC) scheme.
Defined contribution (DC) members using the new pension flexibilities may find their savings are hit by inheritance tax (IHT) because of a "legislative error", Linklaters has warned.