The Pensions Regulator (TPR) has issued further guidance for employers with pension obligations making use of the government’s Coronavirus Job Retention Scheme.
In this week's Pensions Buzz, we want to know if you think it is fair that The Pensions Regulator can seize assets from fine dodgers, and how schemes should deal with pension overpayments from contracting-out discrepancies.
The government has clarified its stance on salary sacrifice car schemes following confusion within the industry over the changes announced in last year's Autumn statement.
Here it is… A full list of all the benefits PP thinks will be exempted, protected and affected by the salary sacrifice restrictions announced by chancellor Philip Hammond yesterday.
Cuts to the Money Purchase Annual Allowance; a £1bn raid on salary sacrifice schemes; a pledge to keep the pensions triple-lock; and increases in the Insurance Premium Tax… Professional Pensions takes a look at the key Autumn Statement announcements....
Chancellor Philip Hammond has restricted the tax-free benefits offered by salary sacrifice schemes - a move that is set to save the government more than £1bn by 2022.
Workplace pensions, childcare and cycle to work schemes have been left out of plans to reform salary sacrifice, according to a recently published HMRC consultation.
Budget documents reveal the government is mulling a clampdown on the range of benefits available under salary sacrifice arrangements, writes Kristian Brunt-Seymour.