The Association of Consulting Actuaries (ACA) has called for sensible initiatives to simplify the processes of the pensions tax system.
The trustees of the BT Pension Scheme, Ford Pension Schemes, and the Marks and Spencer Pension Scheme have confirmed they will seek a judicial review of the decision to replace the Retail Prices Index (RPI) from 2030.
The Investment Association (IA) has urged the government to ensure clear guidelines and strong reporting standards in its planned issuance of the nation’s first green sovereign bonds, as part of a host of priorities outlined on behalf of its membership....
Treasury officials are considering cuts to tax relief that would see higher-rate tax relief on pension contributions slashed, according to reports.
A change in the government’s borrowing policy “could boost pension funds” and “save taxpayers billions”, according to Lane Clark & Peacock (LCP).
Chancellor Rishi Sunak has touted potential of offshore wind, carbon capture, freeports, and green finance developments for the UK's green economic recovery, but has left question marks next to energy efficiency and electric infrastructure.
The industry has provided a predominantly negative response to the confirmation today that the lifetime allowance will be frozen at £1,073,100 until April 2026.