NAPF

Jonathan Stapleton assesses industry reaction to the Treasury’s annual allowance option plans

Secretary of state for work and pensions Iain Duncan Smith set out the coalition's plans for radical state pension reform yesterday.

Some 17% of final salary pension schemes are now closed to new members and future accrual, National Association of Pension Funds research shows.

UK - A dispute over whether defined benefit schemes should have to pay VAT on investment management services has been referred to the European Court of Justice.

A dispute over whether defined benefit schemes should have to pay VAT on investment management services has been referred to the European Court of Justice.

The European Court of Justice ruling on sex discrimination is set to have a major impact on occupational schemes and could increase deficits, the industry warns.

The European Court of Justice ruling on sex discrimination to could lead to a worsening of pension income in retirement.

UK - Proposals to allow early access to pensions will create a "bureaucratic nightmare" and should be shelved, industry groups say.

The Treasury has confirmed Lord Hutton will publish his final report on public sector pension reform next Thursday (10 March).

Proposals to allow early access to pensions will create a "bureaucratic nightmare" and should be shelved, industry groups say.